- POSTED: 29 May 2014 16:03
IE Singapore is leading a delegation of 10 companies to explore eGov opportunities in southern Africa.
SINGAPORE: A business mission from Singapore is in southern Africa now to explore business opportunities in e-Government (eGov), International Enterprise (IE) Singapore said on Thursday (May 29).
The mission, which ends on Friday, comes as more African governments compete to attract foreign investments and enable private sector growth through the adoption of eGov solutions.
The 10-company delegation visited Botswana and South Africa, which are among the leading adopters of e-Gov solutions in Africa, IE Singapore said. The companies explored a range of eGov needs in southern Africa, including its application across sectors such as infrastructure, communications, healthcare, transport, as well as trade and business services.
One of the companies on the mission is ST Electronics, which has a branch office in Botswana. “We hope to expand our presence in Botswana, and leverage its strategic location to expand our business into the surrounding southern African countries,” said Mr Max Thiam, general manager of ST Electronics Botswana.
The global eGov sector is projected to grow at a compound annual rate of 19 per cent to reach US$3.6 billion (S$4.52 billion) by 2020, from US$0.9 billion in 2012. The total revenue of Singapore’s infocomm industry grew by 22.8 per cent to reach S$102.5 billion in 2012, 76 per cent of which was export revenue, IE Singapore said.