50 Egyp­tian ICT com­pa­nies dis­cuss co­op­er­a­tion op­por­tu­ni­ties with Korean coun­ter­parts SHAR­ING DIG­I­TAL CON­TENT EX­PE­RI­ENCE WITH EGYPT VI­TAL METHOD TO BOOST CO­OP­ER­A­TION, SAYS AM­BAS­SADOR YOON

The Daily News Egypt - - News - By Hagar Om­ran Yeocheol Yoon, South Korea’s am­bas­sador to Egypt

About 50 Egyp­tian com­pa­nies work­ing in the com­mu­ni­ca­tions and in­for­ma­tion tech­nol­ogy sec­tor par­tic­i­pated in the ‘2018 K-Cre­ative Con­tent’ on Satur­day, to dis­cuss joint co­op­er­a­tion op­por­tu­ni­ties with their Korean coun­ter­parts, Hos­sam Os­man, Min­is­ter of Com­mu­ni­ca­tions and In­for­ma­tion Tech­nol­ogy’s ad­viser told Daily News Egypt.

“We are here for many rea­sons, the first one is re­lated to the fact that Egypt is very fo­cused on dis­rup­tive tech­nolo­gies like block chain tech­nol­ogy, ma­chine learn­ing tech­nol­ogy, vis­ual and aug­mented re­al­ity tech­nolo­gies,” added Os­man, not­ing that his min­istry aims to­wards fur­ther in­ter­ac­tions with the Korean side.

The govern­ment is de­lib­er­at­ing how to cre­ate busi­ness op­por­tu­ni­ties be­tween Korean and Egyp­tian busi­nessper­sons, stressed Os­man, men­tion­ing that there are sev­eral high po­ten­tial busi­ness mod­els for fruit­ful joint co­op­er­a­tion with Korea such as lo­cal­is­ing mo­bile gam­ing ap­pli­ca­tions.

“Egypt has an es­tab­lished his­tory. We have a lead­ing role in en­ter­tain­ment and ed­u­ca­tion, so we can col­lab­o­rate with the Korean com­pa­nies and ben­e­fit from their ad­vanced tech­nol­ogy to cre­ate mo­bile gam­ing ap­pli­ca­tions con­cern­ing the pyra­mids which can bet­ter ex­pose the Egyp­tian cul­ture,” noted Os­man.

Os­man added that Egypt can be a good mar­ket for the trans­lated Korean mo­bile gam­ing ap­pli­ca­tions so the co­op­er­a­tion with Korea will be a win-win sit­u­a­tion, not­ing that his min­istry aims to trans­fer the Korean tech­nol­ogy and col­lab­o­rate in joint Re­search and De­vel­op­ment (R&D) projects.

“To in­no­vate, we need to have joint in­ter­ac­tions with the Korean side.We need to run R&D projects in the smart cities,” high­lighted Os­man.

For his part, Yeocheol Yoon, South Korea’s am­bas­sador to Egypt, said that shar­ing his coun­try’s cre­ative and dig­i­tal con­tent with Egypt will be a vi­tal method to boost the bi­lat­eral co­op­er­a­tion.

In ad­di­tion, the am­bas­sador re­marked that about eight lead­ing Korean com­pa­nies par­tic­i­pated in ‘2018 K-Cre­ative Con­tent’ as well as Korean ex­perts, to in­tro­duce a dif­fer­ent kind of Korean cul­ture, which is the Korean dig­i­tal con­tent.

“I hope that this ac­tiv­ity will rep­re­sent an ex­change of ex­pe­ri­ences and vi­sions for both sides, as well as build co­op­er­a­tive net­works, which will re­sult in fruit­ful friend­ship be­tween both coun­tries,” said the am­bas­sador.

Yang Sangkeun, direc­tor of the Korean Cul­ture Cen­tre said that the‘2018 K-Cre­ative Con­tent’ is the first con­fer­ence to high­light the Korean ad­vanced tech­nol­ogy in Egypt, hop­ing that it will turn in to a per­ma­nent fo­rum for shar­ing ex­pe­ri­ences be­tween both coun­tries which will boost bi­lat­eral re­la­tions.

“Af­ter the world turned into an era of cre­ative in­dus­tri­al­i­sa­tion, South Korea seeks to glob­alise its cul­ture based on the ac­cep­tance of the cul­tural Hal­lyu wave and fo­cus all pos­si­bil­i­ties to pro­mote in­vest­ment in this soft power, adopted by Korea as a fu­ture growth en­gine for the 21st cen­tury,” stat­edYang.

The ‘2018 K-Cre­ative Con­tent’ was or­gan­ised by the Korean Cul­tural Cen­tre, in col­lab­o­ra­tion with Korea’s Cre­ative Con­tent Agency, the Korea Trade and In­vest­ment Pro­mo­tion Agency and the Cham­ber Of In­for­ma­tion Tech­nol­ogy & Com­mu­ni­ca­tion (CIT), and was at­tended by Hos­sam Os­man, ad­vi­sor to Min­is­ter of Com­mu­ni­ca­tions and In­for­ma­tion Tech­nol­ogy, and Alaa Fahmy, chair­per­son of the Egyp­tianKorean Friend­ship As­so­ci­a­tion.

On the side­lines of the con­fer­ence, an ex­hi­bi­tion of eight Korean com­pa­nies was or­gan­ised while spe­cialised work­shops were held.

Egypt is very much fo­cus­ing on dis­rup­tive tech­nolo­gies ike block chain tech­nol­ogy, ma­chine learn­ing tech­nol­ogy

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