Siemens extends USD 120 million education support to Egypt
Industrial software grant will support training at Cairo, Ain Shams and Alexandria universities
Technical education in Egypt has received a shot in the arm, after Siemens announced a USD$120 million industrial digitalisation software grant to Egyptian universities.
The largest ever software grant in the North African country by Siemens, the grant will support training, education and higher degrees of research at Cairo, Ain Shams and Alexandria universities.
Education and youth empowerment are key to a sustainable future, said Siemens president and CEO Joe Kaeser during the handover ceremony. “This is why we are proud to work with Egypt’s largest universities to educate the country’s future leaders in industry, so they can support its vision to create a more diversified, knowledge-based economy,” Kaeser added.
Siemens PLM Software solutions include digital product development, digital manufacturing and product data management. At the three universities, the PLM software will be an integral component of their engineering programs. Over 35,000 Egyptian students will use the software for their computer-integrated manufacturing, robotics, industrial design, work design, ergonomics, material science and materials processing courses and projects. Additionally, it will enable them to create digital twins (simulated versions) of their final products as a more efficient alternative to creating a physical prototype.
“Education is one of the surest ways to drive long-term economic growth, and our country’s future relies on companies working with key educational and research institutions to get our youth ready for the markets of the future” said Dr. Khaled Abdel Ghaffar, Egyptian Minister of Higher Education and Scientific Research. “The Siemens grant will make it possible for our engineering students to be trained on the same technology that companies worldwide depend on to design some of today’s most sophisticated products. The world is changing rapidly through technology, and we need to equip our future generations with the necessary capabilities and tools to make things faster, cheaper and better –ultimately this is about job creation and global competitiveness.”
This grant is part of the company’s ongoing support for education initiatives in Egypt. Just recently, the company announced joining forces with Germany’s Federal Ministry for Economic Cooperation and Development to establish and operate a joint technical training centre in Ain Sokhna and modernise Ameriya technical institute.