Smart Village

Located on the outskirts of Cairo, only 20 minutes away from the central downtown district, Smart Village, a 450-acre high-tech business park with state-of-the-art infrastructure, demonstrates the vision for the development of the information and communications technology (ICT) sector in Egypt.

It is a perfect example of a successful public-private partnership, combining the commitment and support of government with the business flare of private ventures.

Smart Village is a center of excellence, offering a dynamic, purpose-built environment with state-of-the-art facilities – benefiting from the wealth of human resources available in Egypt – for government, ICT policy makers and regulators, civil society organizations dependent on ICT, Egyptian and multinational companies, and telecom operators. It also provides incubation facilities to Egyptian SMEs and entrepreneurs.

The project is fast becoming the hub of Egypt’s first financial district and will host the Capital Market Authority, the Cairo & Alexandria Stock Exchanges (CASE), the Arab Common Stock Exchange as well as a number of Egyptian and multinational banks and finance and insurance companies.

Upon completion of the final phase, there will be 67 office plots, providing space for approximately 30,000 employees.

Smart Village offers all companies operating in the ICT sector the opportunity to rent, lease or buy office space. Firms can also buy land and build their own offices in accordance with the architectural standards of the village.


Project Strengths

Public Infrastructure

Conference and Exhibition Center
Business Center and Information Center
Press Center and Public Electronic Library
Business Hotel and Apartments
Commercial Center and Restaurants
Gymnasium, Sports and Heath Center
Recreational Facilities


Smart Investment Climate

New Urban Community Law:

Unrestricted ownership of investment capital by local and foreign investors
Right to freely transfer funds in and out of the country, including unlimited profit repatriation and invested capital re-exportation
Right to operate on behalf of third parties
Foreigners’ right to acquire and own land and real estate
No price controls or profit ceilings
10-year tax exemption on distributed profits
Guarantees for project assets and funds
Entitlement for immediate export and import

Smart Infrastructure

High Speed, Broadband, Fiber Optic Data, Voice and Video Networks
Internet and Voice over IP Connectivity Readily Available
Cable TV and Video Conferencing System
International Standards Compliant
Uninterrupted power supplies
Central Air Conditioning/Chiller plant
Firefighting Water Reservoir
Water and Sewage Facilities

Smart Business Services

Administrative, Legal and Financial Services
Courier, Postal and Custom Clearance Services
Printing, Publishing and Translation Services
Security, Cleaning and Transportation Services

The Company

A fully Egyptian company incorporated under Investment Law 8 of 1997 with a powerful shareholder base and highly competent management to oversee the development and management of technology parks in an efficient and profitable manner.


Main Shareholders

  • AA Technologies
  • Abd El Rahman El Sawy
  • Abd El Wahab Tawfik
  • Abdel Rahman El Husseini
  • Akram Farag
  • Al Ahram for Investment
  • Alaa El Shafei
  • Ali El Hefnawy
  • Amr Abou Allam
  • Arab Contractors for Utilities & Operation Maintenance & Services Co.
  • Arab Contractors Insurance Fund
  • Ashraf Marawan
  • Banque Misr
  • Bayanat
  • Egyptian Housing Company
  • Egyptian Networks Co.
  • Ehab Yousef
  • Engineering Consultants Group
  • Gamal Moharam
  • Green Valley for Investment & Development
  • Hassan Allam & Sons Co.
  • Hassan Salama
  • Ismail Mashour
  • IT Invest

 

  • Link Egypt
  • Magdy Bayoumy
  • MIC
  • Middle East News Agency
  • Ministry of Communications & Information Technology
  • Mohamed Nassar
  • Orascom Telecom
  • Projects & Advanced Systems Co.
  • Raya Holding
  • RSE
  • Samir Aly
  • Samir Hassan
  • Samira Al Maysawey
  • SODIC
  • Soficom
  • Suez Canal Insurance
  • Tammima United Co.
  • Tarek Abu Alam
  • Tarek Hemeily
  • Technoram Holding
  • TN Holding
  • United Communication
  • United Egyptian Bank
  • Walid Tawfik
  • Youssef El Far

 

 

Telecom Egypt
General Authority for Investment and Free Zones (GAFI)


 
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