According to a cabinet statement on Thursday, the new Sumitomo Electric Egypt factory will be constructed on a total area of 150,000 square metres. The overall project also includes the ...

This announcement was made during a discussion between Egypt's Minister of Investment and Foreign Trade Hassan Elkhatib, Mirsha Serbo, managing director of Sumitomo Electric Egypt, and Mohamed ...

and the Sumitomo Mitsui Banking Corporation. The electricity generated will be supplied to the Egyptian Electricity Transmission Company under a 25-year power purchase agreement. The Gulf of Suez ...