Ministry of Communication take steps for mega projects

The Ministry of Communication took steps to launch major projects in partnership with the private sector via the PPP system, in accordance with law 67 of 2010.

The ministry has already launched two projects at an estimated cost of EGP 2bn, and is planning to launch a pilot phase for a smart electricity metres project at an estimated cost of EGP 3bn.

This comes after a three-year period of inactivity from the ministry, in which no projects were launched. This negatively impacted companies operating in the market due to lack of demand, which caused inertia in the commercial traffic of the telecommunications and information technology sector.

The Ministry of Communications has launched two qualifying tenders for the design and operation of commercial registration offices at a cost of EGP 700m. The first will select the qualified companies, while the second is to choose the winning company or alliance in December.