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Country-Plan Projects and Tenders |
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8692 Subject |
20 مليون جنيه استثمارات للشركة القومية للاتصالات للمرحلة الأولي لتصنيع الكروت الذكية National Telecom inaugurating phase 1 of its smart cards project in Sixth of October City involving L.E. 20 million investments. |
| Date Published | Monday, June 13, 2005 |
| Source Name | Al Alam Al Yom |
| Location Name | Country Wide |
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Description Date Format: (mm/dd/yyyy) |
National Telecom has inaugurated phase 1 of its smart cards project in Sixth of October City involving L.E. 20 million investments. Both Dr. Eng. Tarek Kamel, Minister of Communication & IT and Dr. Ahmed Darwish, Minister of State for Management Development have attended the event. According to Dr. Hussein Al Kholi, Chairman of the company, the project disposes on a design capacity to produce 4 million cards per month. The executive announced that smart cards market in Egypt is now estimated at $ 20 million & that annual sales of those cards exceeded $ 30 million more than 50 % of which for export. |
| Sectors Section |
Beneficiary Sectors - Industry Plastics & Derivatives - Information Technology & Telecom Computers, Hardware & Software |