Egypt’s education sector creates and serves the largest workforce in the Middle East and North Africa and is ripe with investment opportunities. Looking abroad, Egypt has seen how much the private sector can bring to educational development, from private education to public-private partnerships for K-12 schooling, from private university and technical/vocational education to corporate training programs.
Egypt’s education sector creates and serves the largest workforce in the Middle East and North Africa with more than 20 million students enrolled in pre-university and university education levels. Education and training is a sector of paramount importance to the continued development of Egypt’s economy and society. However, there are key challenges to be addressed including raising productivity and increasing competitiveness and addressing the country’s persistent skills shortages. The education system is still largely driven by supply rather than demand. Therefore, vocational training in particular, or skills for employment, has rightly been placed at the very top of the reform agenda.
Total government spending on education has reached 53.9 Bn EGP in the year 2011/2012. (Source: The Information Centre for the Council of Ministers). The pre-university education government spending constitutes 74.9 % while the university education spending constitutes 25%.Total number of pre-university students has reached 18.3 Million students in the year 2012/2013 and expected to increase significantly in the years ahead. Total number of school teachers and professors has reached 1 Million teachers in the year 2012/2013.The government’s investments in the university and higher education are estimated to reach about EGP 4.1 billion in 2012/2013 and EGP 6 billion in 2016.
The education sector faces several challenges including insufficient funds, diversified standards of operations and high turnover of employees and sometimes reduced number of students. To overcome these issues, the industry must find new and efficient means to improve business and increase profitability and liquidity. It is essential for a business advisor to not only have technical expertise in the industry, but also a thorough knowledge to resolve these issues.
Based on years of practical experience with hand on experience available in our professional and academic partners, analysis and understanding, we employ highly sophisticated technology in accordance with the best practices of the industry. We are committed to improving work efficiency and reducing companies’ costs. Our in-depth knowledge helps us in identifying challenges and implementing quick solutions in response to it.