HP opens Smart Village in Egypt

Hosted by the Information Technology Industry Development Agency (ITIDA), the event highlighted the stability of the Egyptian economy, development of Egypt’s ICT sector that continues to attract international investment, and HP’s strong commitment and contribution to the same by developing leading-edge technology, and partnering with local businesses and governments.

“The expansion of HP’s operations in Egypt is a statement of a strengthening partnership and willingness of long-term investment in the future of Egypt’s young population,” says Dr. Magued Osman, Egypt’s Minister of Communications and Information Technology. “We support the establishment of the Enterprise Services Global Delivery Center, a project which is in line with our outsourcing/off-shoring strategies. Young Egyptian professionals work in this industry have a proven track record of delivering to expectations, and more importantly, they are the true creators of value-add exported out of Egypt.”

“We are glad to have HP join leading local and international technology firms at Smart Village. Development of such technology parks are successful models of fruitful partnerships that can be established between the public-private sectors for the growth of the country,” says Yasser El-Kady, CEO, ITIDA. “They are designed to offer a hassle free business environment through which creativity, innovation and business development are enhanced.”

Eyad Shihabi, MD and Enterprise Business Lead, HP Middle East says “the company is honoured to have such an auspicious opening to the Smart Village premises. HP has been active in Egypt since May 2000 and is the market leader for enterprise, small and medium business and consumer technology products. The investment into our new premises, increasing staff strength and growth is a testament to our commitment to the Egyptian people and the country.”

The 5,500 square metres HP premises in Smart Village will be the tech giant’s second major office in Cairo, with the first established in Nasr City which also serves as the country headquarters.