Sterling and Wilson was awarded the implementation contract of Telecom Egypt’s (TE) data centre in the Smart Village in a tender launched by the national telecommunications company.
A well-informed source told Daily News Egypt that the construction cost of the centre amounts to EGP 500m and is expected to be completed in October. IBM, Huawei, and Schneider Electric competed for the tender as well.
TE developed a plan to establish 4-5 data centres within two years to maximise the utilisation of submarine cables passing through the Egyptian territory.
The plan includes the establishment of data centres in several regions: the New Administrative Capital (NAC), Alexandria, the Smart Village in Sixth of October city, and Suez. The company is currently working to increase the capacity and develop existing centres.
The source pointed out that TE invests in submarine cables that transmit data between east and west.
It also invests in technology-based communication projects, the most important of which is money transfer via mobile, as the company signed an agreement with Banque Misr to create a portfolio for the company that includes advanced solutions for the application of financial technology in light of the state’s tendency to achieve financial inclusion.
TE will complete the internal network of the government district in the New Capital by the middle of this year, while other projects will be delivered in coordination with the administration of NAC.
TE is leading the digital transformation process in Egypt, not only in the field of infrastructure, but in all fields. The company will finish its infrastructure development and replace the copper cables with fibre in this year.