Cairo
Source: Prime Minister’s Office – Media Office
Madbouly: Digital transformation is a top priority on the government’s agenda, given its positive impact on developing government work and facilitating procedures for citizens and investors.
Today, His Excellency Dr. Mostafa Madbouly, Prime Minister, met with His Excellency Eng. Atef Helmy, former Minister of Communications and Information Technology, Chairman of the General Assembly of the Arab Federation for Digital Economy, Chairman of the Board of Directors of Prime Business Consulting, and a number of company officials. The meeting reviewed efforts and steps taken to improve e-services provided to citizens and investors, in cooperation with several ministries and government agencies.
During the meeting, His Excellency the Prime Minister emphasized that digital transformation is a top priority on the government’s agenda, given its direct positive impact on developing government work and enhancing the efficiency of various government institutions, thus facilitating procedures for citizens and investors.
His Excellency Engineer Atef Helmy presented the most prominent projects implemented by Prime Business Consulting in cooperation with a number of ministries and government agencies. These projects aim to facilitate access to services for citizens and investors, and the impact these projects have had on enhancing development, improving government performance, and achieving citizen satisfaction.
In this regard, His Excellency Atef Helmy pointed to the “Your Invoice, Your Protection, Your Reward” project, implemented in partnership with the Ministry of Finance. The project aims to engage citizens in the value-added tax system and enable them to play a role in the tax system. This is achieved by incentivizing them, through a set of mechanisms, to request receipts or invoices from stores and shops. This comes as part of the state’s plan to integrate the informal economy into the formal system. International studies indicate that implementing citizen incentive systems leads to a decline in tax evasion rates ranging from 5% to 16%.
His Excellency Eng. Atef Helmy addressed Prime Business Consulting’s vision for rebuilding the business environment by supporting digital transformation tools. He pointed out that the new business environment is based on building a unified platform through which investors can interact with all government entities, according to an integrated organization of the business environment through the Supreme Council for Investment and the Ministry of Investment, while establishing legal and procedural frameworks to ensure governance and smooth business cycles. He also emphasized the importance of digital transformation as the primary mechanism for dealing between investors and government entities, as well as between government entities themselves. He also emphasized the existence of a unified file for data of the transacting entities, which includes all data related to the entity, with information being exchanged using a national number for the citizen or economic entity.
His Excellency Eng. Atef Helmy emphasized that the new business environment will provide added value to investors, represented by dealing with the “Economic Entities Platform” instead of dozens of government agencies, licensing and approvals authorities, and providing 80 consolidated services that investors can use to replace approximately 1,100 services provided by the Commercial Registry and the General Authority for Investment. He explained that the current status of the design of the Economic Entities Platform indicates that a comprehensive design has been developed for all stages of the economic entities’ life cycle, and that all services provided by the Commercial Registry and the General Authority for Investment have been covered, integrated and reorganized from the investor’s perspective. The next stage is to cover services related to the business start-up phase, which includes operating licenses for various economic activities.
His Excellency also presented a practical model demonstrating the impact of the Prime methodology for digital transformation during the startup phase, facilitating an investor’s journey to establish and license a spinning and weaving factory. He noted that in the targeted scenario, the investor would interact with a single entity, the Economic Entities Platform, and request eight services in a total of 12 steps. This process would take only 21 days, in accordance with the Prime Minister’s decision regulating the issuance of licenses by government agencies.
The meeting also reviewed a number of other electronic services aimed at benefiting citizens, which are being coordinated with various government agencies.
