Schneider Electric Plans To Pump Additional Investments in Egypt

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Schneider Electric  an Energy and automation digital solutions provider plans to put additional investments in Egypt, Mohamed Abdel Wahab,Executive Director of the General Authority for Investment and Free Zones (GAFI) said in a statement.

GAFI’s official said that the France-headquartered company plans to expand its existing business in 10th of Ramadan City, 

According to the statement, Schneider Electric discussed with Abdel Wahab  installing a new distribution center to serve both the Egyptian and African markets, 

Executive director added that the facility is expected to span 6 square kilometers, with a goal to create 270 job opportunities, 

Earlier Egypt signed an agreement with Schneider Electric to build modern control centers for electricity distribution networks nationwide.

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