El Sewedy joins power project in Egypt
Egypt's El Sewedy Cables said it was part of a consortium that won a 1 bn Egyptian pound ($ 183 mm) electricity link
project.
The power line will link the Abu Qir area in the north of Egypt to Badr City, about 50 km east of Cairo on the
Ismailia Road, the company said.
The electricity ministry said it had signed the deal with several Egyptian companies to construct the line. Aksam
Abulela, spokesman for the ministry, told the consortium included a Spanish company, as well as Sewedy Cables and
other Egyptian companies.
"The power line is 340 km long and will be completed within two years," Abulela said.
Sewedy, the largest Arab cable maker by market value, said it had started production at its power cables plant in Ethiopia with an annual capacity of 10,000 tons of copper and aluminium.
