Schneider Looks Forward to Change Egypt’s Electricity System

Schneider Looks Forward to Change Egypt’s Electricity System

Schneider Electric aims to contribute to changing the electricity system in Egypt by providing power management and automatic controls to the New Administrative Capital, Daily News reported

Regional president of the Northeast Africa and the Levant, Walid Sheta, said that Schneider Electric’s strategy is to develop resources to rely on automatic control in the management of all facilities.

He highlighted that Egypt is witnessing huge progress in the time being amid the construction of the New Capital, which will contribute to the expansion of business volume in the field of energy management and automatic control.

Relevantly, Sheta noted that the future of investment in new and renewable energy has become promising, and they will heavily be relied upon in the coming period, especially with the political management in Egypt moving towards relying on renewable resources to run the administrative buildings in the New Administrative Capital.

Dr. Mahinaz El-Baz 318 Posts

Mahinaz El Baz received her PhD degree in International Economics from Helwan University in 2022. She has +10 years of experience in journalism and economic analysis. She received the "Best Economic Article Award" in 2016 from CFA Society Egypt.


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