Egypt has the most market potential among emerging providers of global IT services, according to a recent study by the London School of Economics Outsourcing Unit.
The report, "Beyond BRIC," was commissioned by the Information Technology Industry Development Agency of Egypt. But the authors, who compared data on costs, infrastructure, skills and other factors among 14 offshoring up-and-comers, say that Egypt has a good cultural connection with the West, strong language skills, good positioning as a partner with other offshore leaders like India, and convenience for European businesses.
The study compares Egypt to Romania, Bulgaria, Poland, Slovakia, Czech Republic, Belarus, Morocco, Tunisia, Costa Rica, Mexico, Venezuela, Vietnam, and the Philippines.