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Communications Minister agrees with Valeo and Orange to increase their investments in Egypt Valeo plans to generate 500 jobs within two years in the company's headquarters in the smart village
Minister of Communications Yasser El Kady has agreed with Orange and Valeo during his visit to Paris to increase their investments in Egypt and expand in the Egyptian market over the upcoming period. According to the agreement, Valeo plans to generate 500 more jobs over the next two years for the staff present in the company's branch in the smart village. This came during the meeting of El Kady with Jean-Luc di Paola-Galloni, the vice chairperson of the company in Paris. Galloni said that the headquarters in the smart village is considered one of the most important centres in the field of research and development across the world. The global company Valeo works in the field of designing and developing embedded high-value programmes related to the electronic parts of cars. The minister also met with the leaders of French Orange. Cooperation was discussed in the field of supporting technological innovation and entrepreneurship on a local level as well as getting acquainted with the latest technologies of the company in the field of communications networks and digital inclusion, in addition to the technologies necessary for establishing and managing smart cities. It was agreed with Orange to establish a customer service center in the technological zone in Assiut. As part of Orange's interest in supporting emerging companies and innovators across the world, it was agreed with Orange to support and fund small and emerging companies in Egypt that work in the field of innovation. Orange reviewed its experience in several services, including electronic commerce through mobile phones and money transfer. It also reviewed the company's leaders and its achievements in the field of implementing projects for cities and smart communities, which include initiatives concerned with health, telemedicine, transport, citizens' services, tourism, and facilities management using integrated technological solutions. The solutions include monitoring and controlling remote management systems, as well as the provision of information and data momentarily. They also support improving the efficiency of performance, and maximizing the use of available resources.
