Indian Outsourcer Plans Facility In Egypt

India's Satyam Computer Services said Wednesday that it plans to open a software development center in Egypt to better service business customers located in the Middle East.

The outsourcer said it has signed a memorandum of understanding with the Egyptian government to open a center that will employ about 300 workers. The facility will be located in the town of Giza, home to the Sphinx, the Great Pyramid, and other landmarks.

"While the Egyptian engineers' specialized skills can be leveraged for better software delivery to our customers globally, the domestic market offers ample opportunities for business generation," said B Ramalinga Raju, founder and chairman of Satyam, in a statement.

Plans for the Egyptian center are the latest sign that Satyam is looking beyond India in its efforts to grow.

Last week, the company disclosed that it is building a 2,000-seat application development center in Cyberjaya, about 30 miles south of the Malaysian capital of Kuala Lumpur. It will be Satyam's largest facility outside its home country of India.