The Minister of Communications and Information Technology witnesses the ceremony of granting Hassan Allam Digital Structure and Data Center Solutions a license to establish and operate data centers
Eng. Rafat Hindi, Minister of Communications and Information Technology, witnessed the signing ceremony of a license between the National Telecommunications Regulatory Authority and Hassan Allam Company for Digital Structure and Data Center Solutions, to establish and operate data centers and provide cloud computing services.
Hassan Allam Digital Structure and Data Center Solutions intends to invest of USD 400 million as a first phase to establish a state-of-the-art data center, designed to the highest international standards, with plans to expand and increase investments in the coming years to meet the growing demand for data hosting and cloud computing services, and to serve government institutions, the financial sector and local and international companies.
The license was signed by Eng. Mohammed Shamroukh, CEO of the National Telecommunications Regulatory Authority, Ms. Dalia Wahba, Board Member of Hassan Allam for Digital Structure and Data Center Solutions, in the presence of Eng. Amr Allam, CEO of Hassan Allam Holding Company, Eng. Amr Abbas, Vice President of the National Telecommunications Regulatory Authority for Regulation and Market Governance, Mr. Karim Bishara, Managing Partner - A15 Company, and a number of executive leaders from the Ministry of Communications and Information Technology, the National Telecommunications Regulatory Authority, and Hassan Allam Company.
Engineer Rafat Hindi, Minister of Communications and Information Technology, stressed that granting this license reflects the state's interest in developing the data center industry and cloud computing in Egypt, as one of the vital sectors supporting the digital economy, pointing out that the state is working to create an attractive investment and regulatory environment that contributes to attracting more local and foreign investments in this field.
He added that the Ministry is working in cooperation with various concerned authorities to prepare an integrated national strategy for data centers and cloud computing, which aims to strengthen digital sovereignty and consolidate Egypt's position as a regional center for data circulation and digital services, benefiting from its distinguished geographical location and advanced digital infrastructure.
The Minister of Communications and Information Technology explained that the development of the regulatory and legislative framework of the sector represents one of the main axes to support the growth of this industry, in order to keep pace with global developments and allow the provision of data center and cloud computing services in accordance with the highest international standards, and to meet the needs of local, regional and global markets.
For his part, Eng. Mohamed Shamroukh, CEO of the National Telecommunications Regulatory Authority, said that the Authority continues to work on developing regulatory frameworks that support the growth of the data center and cloud computing market in Egypt, in order to keep pace with global developments and ensure the provision of efficient, reliable and secure services.
He added that the expansion of issuing data center licenses reflects the growing demand for these services and the growing confidence in the Egyptian market, stressing the Authority's keenness to provide a balanced regulatory environment that supports innovation and investment, and enables various sectors to benefit from the latest digital and technological solutions.
Eng. Mohamed Magdy Allam, Managing Director of Hassan Allam Digital Structure Company, said: “Obtaining a device license represents an important strategic step that enhances our ability to contribute to meeting the growing demand for data center services, cloud computing, artificial intelligence applications and the data-driven economy. This trend is based on a strategic partnership with A15, which combines Hassan Allam's expertise in the development and implementation of infrastructure projects and specialized digital and operational expertise for A15. With an initial investment of USD 400 million and a phased expansion plan, we are establishing today a platform capable of keeping pace with future digital needs and supporting the attraction of qualitative investments, thus contributing to consolidating Egypt's position as a leading regional center for technology, innovation and digital services, as an extension of Hassan Allam Group's continuous role in the development of infrastructure that supports economic growth and creates sustainable value for future generations.
This step comes within the framework of the state's strategy to enhance the readiness of the digital infrastructure, support investment in the ICT sector, and expand the scope of data center and cloud computing services as one of the main pillars to support digital transformation, in addition to enabling digital services, and enhancing the efficiency and security of electronic transactions provided to citizens and business institutions.
This license represents a new step in the state's efforts to support and develop the data center and cloud computing industry and enhance Egypt's competitiveness as a regional digital center.
It should be noted that over the past two years, the National Telecommunications Regulatory Authority issued ten licenses for the establishment and operation of data centers, reflecting the growing confidence of investors in the Egyptian market and its attractiveness to major technological investments.