President Abdel Fattah El-Sisi met with the President of the Copelouzos Group, Mr. Dimitris Copelouzos. The meeting was attended by Prime Minister Dr. Moustafa Madbouly, Minister of Electricity and Renewable Energy Dr. Mohamed Shaker, and a number of senior executives from the Greek Group.
The Spokesman for the Presidency, Ahmed Fahmy, said the meeting touched on opportunities for cooperation with the Greek Group to implement electricity production projects from renewable energy sources in Egypt and transfer them to Europe through Greece via the electrical connection between the two countries. This shall maximize benefiting from the modern infrastructure established and developed by Egypt in the field of electricity over the past years, in addition to the natural resources it enjoys, such as wind and solar energy sources.
There was an agreement to continue the ongoing studies to crystallize cooperation with Copelouzos Group to establish projects for the production and transfer of clean energy from Egypt to Europe through Greece to consolidate Egypt’s position as a regional hub for the trading of all types of energy.