Digitize and AOI Sign EGP 5 Billion Agreement to Boost Local Telecom
Khadamaty-New
Digitize for Investment and Technology (EGX: DGTZ.CA) has marked a major milestone in Egypt’s digital transformation journey by announcing the successful local manufacturing of fiber optic and telecom infrastructure products in partnership with the Arab Organization for Industrialization (AOI).
The company also revealed the signing of a strategic cooperation protocol with AOI to market and deploy its locally produced telecom solutions across national infrastructure projects valued at EGP 5 billion (USD 100 million).
The signing ceremony, held at AOI’s headquarters in Cairo, was attended by Major General Eng. Mokhtar Abdel Latif, Chairman of AOI; Dr. Eng. Ahmed Darwish, former Minister of Administrative Development and Board Member at Digitize; Eng. Yousry Atlam, Chairman of Digitize; alongside company board members.
Expanding Egypt’s ICT Manufacturing Capabilities
Through this agreement, Digitize will leverage AOI’s advanced industrial infrastructure to scale up the production of fiber optic networks, 5G technologies, and data centers—serving both domestic and regional markets.
AOI Chairman Abdel Latif praised Digitize’s expertise in ICT, emphasizing that the partnership aligns with Egypt’s Vision 2030 by strengthening national digital infrastructure and advancing technology localization.
“The first phase will focus on implementing and maintaining fiber optic, 5G, and data center projects while localizing component production to reduce import dependency,” he said.
The deal also covers production, marketing, sales, installation, and maintenance services for national telecom and IT projects, while creating new export opportunities to Africa and the Middle East.
Digitize’s Strategic Growth Plan
Dr. Ahmed Darwish highlighted AOI’s role as Egypt’s industrial backbone, noting that the partnership will enable Digitize to play a stronger role in regional digital transformation and infrastructure projects.
Digitize Chairman Eng. Yousry Atlam described the deal as a “strategic turning point” that will expand the company’s manufacturing capacity, diversify revenue streams, and reinforce its market competitiveness.
“This agreement strengthens our financial position and supports our long-term strategy to enhance shareholder value while driving growth in high-potential sectors such as fiber optics, 5G, and data centers,” Atlam said.
He added that by reducing reliance on imports and reinvesting in advanced telecom manufacturing, Digitize is well positioned to meet rising demand in Egypt’s booming ICT sector and expand into international markets.
