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Industry Minister Affirms Schneider Electric's Export Push
The Minister of Industry has expressed support for Schneider Electric's expansion in Egypt. The factory located in Badr City, which exports about 50% of its production to more than 35 countries, aims to increase its manufacturing capacity and raise the local component ratio to 85%. The company plans to boost its investments and expand its plant to boost sales, with a focus on clean and renewable energy applications and advancing national projects such as installing 1,000 MW solar power stations. These plans are designed to enhance local competitiveness and ensure sustainable production in the Egyptian market, aligning with the priorities of a national initiative.
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