Egypt is “an ideal” outsourcing location due to its young population, large industry sector, and growing services sector, the International Association of Outsourcing Professionals (IAOP) says. The country is also improving its infrastructure through technology and business parks, and the reform program is helping to “unleash the economy’s potential,” the report notes. The report notes Egypt’s young and educated population as one of the key reasons why outsourcing is growing in the country. However, “Egypt also has a lot of catching up to do with respect to developing human capital, adoption of new age technologies and improving ease of doing business in order to compete with other prime outsourcing destinations,” the report notes.
More from Enterprise
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
FRA issues model short-selling contract, with launch weeks away
Contract wording is settled; the launch now waits on the…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…