FINANCIAL NEWS

Egypt’s ITIDA inks deal to op iCluster initiative complex

14 Feb 2017

(MENAFN) The Info Tech Industry Development Agency (ITIDA) signed the deal for managing and operating the innovation complex in Borg El Arab Tech Park with an alliance by Eitesal Association.

Furthermore, the alliance involves the Academy of Scientific Research & Tech, Alexandria University, the Egypt- Japan University of Science and Tech and others.

In addition, the signing of the deal comes in context of the launch of the first phase of the iCluster initiative at a cost of EGP50mn over five years.

The project plans to achieve co-op and integration to maximize the use of available resources and exchange accumulated experience.

MENAFN1402201700450000ID1095246478

MENAFN1402201700450000ID1095246478

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