Foundever® Grows Offshoring Operations, Adding Jobs in Luxor
Foundever® Enhances Its Operations in Egypt
Foundever has made a significant commitment to invest in Egypt, which solidifies the nation’s role as a global leader in customer experience (CX) and IT offshoring. This investment is propelled by government support, enhancing the overall talent development landscape in the region.
New Job Opportunities and Facility Opening
The company recently announced plans to create an impressive 5,000 new jobs over the next four years. A new contact center in Luxor is at the heart of this initiative, which also complements Foundever's established operations in Cairo at both Maadi Technology Park and City Stars Business Complex.
Impact on Local Communities
This expansion is not just about numbers; it symbolizes Foundever's dedication to uplifting local communities through job creation. By establishing the Luxor facility, Foundever will be able to tap into the local talent pool, driving socio-economic growth in Upper Egypt. The anticipated job creation will benefit thousands directly while bolstering the local economy.
Foundever’s Growth and Commitment
In the past year, Foundever has achieved remarkable growth of 115% in Egypt, now servicing 15 clients in a staggering 14 languages. This impressive growth underlines the company's strategy and reinforces its place in a rapidly evolving industry.
Strengthening Local Partnerships
In alignment with its growth strategy, Foundever has renewed its Memorandum of Understanding (MoU) with Egypt's Information Technology Industry Development Agency (ITIDA) for an additional four years. This agreement signifies Foundever's long-term commitment to invest in Egypt's talent and infrastructure, ensuring sustainable market growth.
Vision for the Future
According to Dr. Amr Talaat, Egypt's Minister of Communications and Information Technology, the expansion into Luxor represents a growing confidence in the capabilities of Egyptian talent. He highlighted that the country has become a distinguished global player in outsourcing, with a strong desire to foster an environment conducive to investment.
Contributing to Global Markets
As Foundever expands its presence in Luxor, it strategically aims to leverage the untapped talent pools available in the region. This move not only strengthens Egypt’s position in the global outsourcing market but also contributes significantly to various sectors within the local economy.
About Foundever®
Foundever is recognized as a global leader in the customer experience (CX) sector, boasting over 150,000 associates working worldwide. To learn more about this prominent company, visit www.foundever.com.
Frequently Asked Questions
What is the primary focus of Foundever's expansion in Egypt?
The primary focus of Foundever's expansion is to create job opportunities and establish a new contact center in Luxor, enhancing its operational capabilities.
How many jobs is Foundever aiming to create in Egypt?
Foundever aims to create 5,000 new jobs in Egypt over the next four years as part of its expansion strategy.
What partnership has Foundever extended in Egypt?
Foundever has extended its Memorandum of Understanding (MoU) with Egypt's ITIDA for four more years, reinforcing its commitment to investment in the country.
How has Foundever performed in Egypt over the past year?
Foundever has achieved a remarkable growth rate of 115% in Egypt, indicating a strong demand for its services in the region.
Why is the new contact center in Luxor significant?
The new contact center in Luxor is significant as it allows Foundever to utilize the local talent pool while supporting socio-economic development in Upper Egypt.
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