12 December 2024

Egyptian electronics company SICO Technology and telecommunications operator e& Egypt have announced the launch of locally produced 5G routers.

This collaboration aims to reduce dependence on imports while boosting technological innovation in the country.

The development of this new router is based on a partnership with ToZed, which brings its know-how to SICO’s factory located in Assiut, Egypt, to ensure that the products meet international quality standards.

The local production of 5G routers, a first in Egypt, is part of a broader national strategy to develop the information and communications technology (ICT) sector. The Egyptian government has made digital transformation a priority, as reflected in the ‘Digital Egypt 2030’ plan aimed at ‘realizing the digital economy through ICT, to ensure prosperity, freedom and social equity for all.’

Local production also has direct economic benefits for consumers. By eliminating the costs of imports and international transportation, this initiative could make 5G equipment more affordable. This would allow more Egyptians to access the technology, which offers fast internet speeds, low latency, and performance that is ideal for streaming, online gaming, and video conferencing.

This move should also allow the government to achieve its goal of increasing the contribution of ICT to gross domestic product (GDP) to 8% by 2030.

“This milestone is a significant achievement that reflects our ambitious vision to strengthen local industry in Egypt. It supports the country’s economic growth and the development of its technology sector,” said Ahmed Yehia, General Manager of Fintech and Digital Lifestyle at e& Egypt, of the historic launch.