Electricity Min.: We rely on local products in industry by 55%

Egyptian Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker, affirmed that the ministry and its subsidiaries are working to gradually localize the industry to reach 100% and give priority to the Egyptian product, provided that it conforms to international specifications for the product and ensures that it has the highest quality.

 

Shaker explained that the localization of the local industry is indispensable for the interest of the country to provide difficult work, and the local product has priority in the Ministry of Electricity, provided that it conforms to international standards, and the percentage of the local component currently in the sector’s projects is 35%, and we plan to reach 55% during the current year, and 70% by 2024.