Egypt key market for Huawei in MENA
Huawei has a plan to focus its investments in the Egyptian market on talent development through implementing many initiatives that centre on human capital building in cooperation with government entities, said Huawei’s Technologies Vice President for Corporate Communications Karl Song on Monday.
This came during a virtual media round table held on Monday to launch Huawei’s annual report 2021.
Song added that Huawei is working with its partners in Egypt in line with Egypt Vision 2030, particularly in the field in digital transformation and support its smart cities and advanced solutions.
He also noted that Huawei Technologies has invested over $10 million in the past five years to set up three innovation centres in Cairo.
On a regional level, Song stressed that Huawei is committed to investing heavily in the region, especially in 5G networks, green investments and low-carbon projects.
According to the company’s 2021 annual report, shared with Ahram Online, Huawei’s digital power solutions helped customers generate 482.9 billion kWh of renewable electricity and save 14.2 billion kWh of electricity, which resulted in a reduction of nearly 230 million tons of carbon emissions in 2021.