Digitalization of Economy, Source of Investment, Jobs

Digitalization of Economy, Source of Investment, Jobs - Elalamy

12 October 2020 Printable Version

New Delhi - The digitization of the economy would create more jobs and is a source of investment opportunities that must be capitalized on, said Monday Minister of Industry, Trade and Green and Digital Economy, Moulay Hafid Elalamy.

Speaking at the opening of the 10th Conference on Technology, Society and Security "CyFy 2020", held in a virtual setting by Indian think-tank Observer Research Foundation (ORF), Elalamy highlighted the substantial breakthrough in the digital sector during the Covid-19 pandemic, noting that consumption, production and marketing habits have changed significantly around the world.

Besides expanding and gaining importance, digital technologies have emerged as one of the major beneficiaries of this pandemic, Morocco's minister underscored, stressing the need to capitalize on this very strong advance of technologies, which yielded major benefits for various industries and trades.

Morocco hosted in 2019 the 2nd Conference on Technology, innovation and Society (CyFy Africa), which was an opportunity to address issues related to exploring local innovations and emerging data governance systems, the policy between virtual and real, the fight against violent extremism or the influence of technology and social networks, Elalamy recalled.

For his part, ORF president Sunjoy Joshi stressed that this conference is an opportunity to address issues related to digital inclusion, decentralization of information, cyber-security and digital transformation. It also aims to take advantage of opportunities related to the technological revolution at the service of humanity and face the related risks, he added.

As for India's Minister of Electronics and Information Technology, Ravi Shankar Prasad, he highlighted the leading role played by new information technologies, especially during containment.

Held on October 12 through 16, CyFy 2020 gathers an international community of experts to identify, interrogate and interpret the new normal that is emerging in global digital society.

Over the course of a week, five themes will animate CyFy's virtual discussions, namely "In Politics We Trust: Decoupling and Digital Interdependence;" "Pandemic Promethean: Innovating through Crisis;" "iWork: Equity, Employment and Identity in the Digital Economy;" "Democracy Bytes: By the People, of the People, against the People?;" and "Techreation: The Future of Content Creation and Consumption."