Elsewedy Electric to make TZ its Africa Industrial hub

AN Egyptian multinational electrical company, Elsewedy Electric Company is in the process of making Tanzania its main hub for production of some of its main products including transformers and electric cables.

The company revealed this during the visit by the Permanent Secretary for Investment, Dr Tausi Kida to the company’s Kigamboni- based factory.

The company production capacity per annum is 15,000 cables and 2,800 transformers.

Elsewedy Electric Tanzania Managing Director, Ibrahim Qamer said they were committed to ensure Tanzania feeds the markets which were once supplied directly by Elsewedy Egypt including South Africa, Kenya, DRC, Rwanda, Burundi and many more.

Dr Kida commended the company for the state of the art factory which she said has so far invested over 40 million dollars and is expected to invest above 60 million dollars once the project is completed.

Dr Kida said the Elsewedy Electric project was a result of President Samia initiatives when she visited Egypt in 2021 and encouraged Elsewedy Group to establish a factory in Tanzania.

The commissioning of the project began in December 2021 and to date the factory is planning to expand by establishing an Industrial park which will accommodate over 100 factories.

The production of transformers aluminium and copper cables has attracted over 400 jobs where 35 of them were taken to Egypt for capacity building to ensure they perform at the required level.

“Before, these products were manufactured in Egypt, but to date they are being produced here in Kigamboni a move that would enhance foreign currency in the country,” she said.

In a related development Dr Kida has advises Elsewedy Electric to fast track the process of establishing an industrial park in Kikongo Mlandizi where the government has allocated land for their project.

“We are keen to see the project is implemented and we are ready to provide necessary support to ensure the project is implemented on time,” she said.

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