New transformer factory opened in Tanzania
Tanzania, Kigamboni: Elsewedy Electric has inaugurated a new transformer factory in Tanzania as the second phase of Elsewedy Electric Industrial Complex.
The factory has an annual production capacity of 2,500 transformers per year.
“Built on 120,100 m2 in Kigamboni, Tanzania, the complex comprises several manufacturing facilities, currently cables, wires, and transformers, to be followed by PVC, meters, and a logistics centre, as well as an expansion of the cables and transformers factories to accommodate a wider portfolio. The complex will produce the solutions and equipment necessary for the industrialization strategy of Tanzania 2025, also offering a technical training academy to provide innovative technical education and vocational training programs with international standards to skill and train aspiring employees and feed the growing labour market in the developing nation. Investment will reach more than $50 M upon completion, with a plan to create 1,500 jobs for the Tanzanian people,” says in the statement.
The company holds that launching of the transformer factory will open up a new opportunity to transfer expertise and build capacities of the local talents, building on the tradition of friendly relations between Egypt and Tanzania.
Source: Elsewedy Electric