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    Press

Schneider Electric Celebrates 30 Years in Egypt

[18.10.2017]
  • Schneider electric has confidence in Egypt's economy and supports the government's economic reform plan on all levels
  • Luc Rémont: as a leading global provider of clean energy products and services, the company offers innovative technology to optimize energy consumption in all disciplines
  • Caspar Herzberg: Egypt has enormous potential to launch integrated cities relying on advanced solutions of clean energy management and carbon footprint reduction
  • Walid Sheta: we managed to achieve a lot of success that positioned Schneider Electric as a leader in the integrated energy solutions market in Egypt, the Middle East and Africa

Cairo, September 18, 2017 - Schneider Electric, the global specialist in energy management and automation, celebrates 30 years in the Egyptian market and continuous efforts to meet Egypt’s development demands through the latest energy management and carbon footprint reduction solutions.

The event, held in Cairo, was attended by a host of Schneider Electric’s global team including Engineer Luc Rémont, Schneider Electric's Executive Vice President International Operations; Caspar Herzberg, President of Schneider Electric Middle East & Africa, Engineer Walid Sheta, Regional Cluster Head of North Africa and Levant, Engineer Sherif Abdel Fattah, Vice President for Governmental Affairs and Renewable Energy Schneider Electric Egypt and North East Africa, met with Engineer Sherif Ismail, Prime Minister of Egypt, Doctor Sahar Nasr, the Egyptian Minister of Investment and International Cooperation, Engineer Yasser ElKady, the Egyptian Minister of Communications and Information Technology, and Ms. Asmaa Hosni, CEO of ITIDA.

On this occasion, Engineer Walid Sheta, Regional Cluster Head of North Africa and Levant commented that, "Egypt represents an important and promising market for us. We work towards integrating Schneider Electric's technologies into Egypt's energy system with the aim of reducing overall energy consumption and fostering plans of development. Our first debut in Egypt was in 1986 when we built the country's first high-voltage station in the area around the Cairo Stadium. Ever since, we have participated in other ambitious national projects such as supporting the national electric network, the plan for the electricity sector, the new administrative capital, developing projects such as the giant Zohr gas processing plant (largest natural gas plant in the world), Egypt's largest grid-connected solar power park in Aswan and the Suez Canal economic zone.”

From his end, Luc Rémont, Schneider Electric's President of Global Operations, explained that, “as a leading global provider of clean energy products and services, the company offers innovative technology to optimize energy consumption in all disciplines. Recent statistics have shown that global energy consumption rates are expected to increase by 40% by 2050, something that has prompted Schneider Electric to develop a plan to provide new solutions for current and future energy and power woes."

"While Egypt is facing serious challenges as a result of rapid population growth, the country can still lure investors thanks to an ambitious economic reform program the Egyptian government has embarked upon," said Caspar Herzberg, President of Schneider Electric Middle East & Africa.

Herzberg affirmed his belief that Egypt has enormous potential to launch an integrated city that relies on advanced solutions of clean energy management and carbon footprint reduction.

From an academic and resource development angle, Schneider Electric discussed major education initiatives it has sponsored in order to fuel the education sector in the local market. These include setting up an up-to-date training lab at the Egyptian Engineers' Syndicate, as well as two training laboratories equipped with the latest measuring devices and energy equipment at the faculties of engineering in universities of Ain Shams and Helwan.

Furthermore, Schneider Electric has organized a series of training workshops in cooperation with top Egyptian universities, education institutions and labor unions with the aim of grooming a new generation of skilled technicians. These include the “Seeds of Hope” program in cooperation with the Don Bosco Institute in Cairo and Alexandria which aimed at enhancing vocational education and technical skills in the Egyptian market, as well as sponsoring the 'Egypt’s Professional Electrician' program in partnership with the National Academy for Science and Skills (NASS).

Established in Egypt in 1986 and now having around 1,200 employees, Schneider Electric Egypt operates the ISO certified Regional Equipment Plant for MV&LV distribution cells and Product Distribution Center right in Badr Industrial City. Schneider Electric Egypt and North East Africa exports its products to a number of countries across the region including: Sudan, Qatar, United Arab Emirates, Zambia, Nigeria, Morocco, and others.

About Schneider Electric

Schneider Electric is the global specialist in energy management and automation. With revenues of ~€25 billion in FY2016, our 160,000+ employees serve customers in over 100 countries, helping them to manage their energy and process in ways that are safe, reliable, efficient and sustainable. From the simplest of switches to complex operational systems, our technology, software and services improve the way our customers manage and automate their operations. Our connected technologies reshape industries, transform cities and enrich lives. At Schneider Electric, we call this Life Is On.