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Smart Village( IT Business City) Egypt

Smart Village is a high-technology business district in the city of 6th of October, Egypt, established by Presidential Decree no.355 in 2000, with activities starting in 2001. It is located on the Cairo-Alexandria Desert Road, slightly west of Cairo. Smart Village occupies an area of 450 feddans. It's a business district with office buildings, retail shops, entertainment, factories and green spaces Hosni Mubarak(fourth President of Egypt) signed the decree and provided the land for the building of Smart Village, in order for Egypt to build its IT economy and IT industry. Mubarak worked to get Microsoft, IBM and Cisco on-board. The 2001 decree gave companies in the Smart Village a ten-year tax break. The plan was to create several smart villages in Egypt The Smart Village contains government and ministry buildings, and many private companies. The Ministry of Communications and Information Technology is located here In 2012, the Egyptian Stock Exchange moved its administrative functions to Smart Village and has one of the largest buildings in the district, with a skyway connecting the two. In 2012, Research In Motion, makers of Blackberry moved their offices here and looked to hire Egyptian engineers.The Bibliotheca Alexandrina opened an Egyptology research centre in Smart Villages, in May of 2018 and named it the Hawass Saqqara Training Centre.In September 2018, Raya announced it would lease a large space in Smart Villages. Raya specializes in business process outsourcing. Xceed, a subsidiary of Telecom Egypt has operations in the 6th of October Smart Village.

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