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Chinese company plans fiber-optic plant at technological park

A Chinese company has submitted a proposal to establish a fibre optic manufacturing factory at one of the technological parks, Minister of Communication and Information Technology Yasser Al-Qadi told Daily News Egypt.

Huawei’s regional centre to support innovation and training was opened on Sunday. The centre will serve 29 countries in Africa and the Middle East. It will be one of 18 similar Huawei centres of around the world.

Moreover, the regional centre will provide integrated solutions, innovation support, and training for youth on the latest communication technologies, such as 4G and 5G, and the Internet of Things. The centre is located on an area of 450sqm, established at a cost of $5m.

The minister noted that Huawei considers Egypt to be a strategic market, especially considering the new partnerships that the ministry concluded recently. He stressed that the ministry supports the manufacturing of Chinese products in Egypt, where the Chinese ambassador to Cairo praised the growth of the communication and information technology (CIT) sector in Egypt.



Source: http://www.dailynewsegypt.com/2017/03/26/chinese-company-establish-fibre-optic-plant-technological-park-al-qadi/

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