El Sewedy Electric Signs $557mn Deal To Build Industrial City In Egypt

Egypt-based Elsewedy Electric Company said its industrial development unit has signed an E£10 billion ($557 million) contract with the General Authority for Suez Canal Economic Zone to develop land at Ain Sohkna, located 120 km east of capital Cairo.

A leading integrated energy solutions provider in Middle East and Africa, Elsewedy Electric focuses on seven energy segments including electrical cables and accessories; electrical products, telecommunications, transformers, wind energy generation, energy measurement and management, engineering, procurement and contracting. Read more