Egyptian President Abdel Fattah El Sisi met with ABB Group’s CEO, Ulrich Spiesshofer, where they reviewed Egypt’s economic reform program, Egypt Oil & Gas reports.
El Sisi emphasized pointed Egypt’s appreciation for the existing cooperation with the company and its keenness to take advantage of ABB’s international expertise, adding that the country is looking forward to the company’s contribution in the implementation of more projects in Egypt, especially in the fields of electricity and renewable energy.
“I was honored to discuss the president’s bold vision for economic and social development. Energy is a prerequisite for industrialization and ABB is proud to be a partner of Egypt in electrification and automation. We fully support Egypt’s goal of becoming an energy hub and a center for export-oriented industrial production,” said Spiesshofer, in a company press release.
ABB is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, transport, and infrastructure globally.