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Awareness Workshop on the importance of Measuring Foreign Direct Investment in the ICT sector (April 2009)

The Ministry of Communications and Information Technology (MCIT) held an awareness session in context of preparing for a study titled “Measuring Foreign Direct Investment (FDI) in the ICT sector” in April 2009 in cooperation with World Bank and IMF expert. Representatives of the Ministry and its affiliates, Central Bank of Egypt and General Authority of Foreign Investments attended the session. The objective of the session was to review and be acquainted with the international trends in measuring the FDI and the methodology used for calculation based on the latest edition of the Balance of Payments Manual published by the IMF. The session also aimed at discussing how different organizations can make use of this methodology in either calculating the FDI for the whole economy at large or for a specific sector like the ICT sector.

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