Egypt: Sisi Confers With Schneider Electric CEO On Technology Transfer

Posted by Schneider Electric on November 24th, 2017

President Abdel Fattah El Sisi received on Thursday Chief Executive Officer (CEO) and Chairman of the Multinational Electricity Company Schneider Electric Jean-Pascal Tricoire and a number of company officials.

The meeting was attended by Minister of Electricity and Renewable Energy Mohammad Shaker and Head of the Administrative Control Authority Mohammad Erfan.

Presidential Spokesman Ambassador Bassam Rady said that the meeting took up the companies activities in Egypt in the field of energy, renewable energy, infrastructure and information networks.

Sisi welcomed measures to intensify cooperation with the companies in the various fields in light of the Egyptian government's policy to implement mega investment projects as Egypt is considered one of the biggest markets in the Middle East region, the spokesman explained.

The spokesman said the president explained that the country is working on the construction of 12 new cities across the country including the New Administrative Capital with the aim of creating new generation of the modern cities with the involvement of specialized Egyptian cadres who enjoy distinguished practical and technicals.

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Schneider Electric is the global specialist in energy management and automation. With revenues of ~€25 billion in FY2016, our 144,000 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*. Schneider Electric is the worldwide expert in energy administration and automation. With incomes of ~€25 billion in FY2016, our 144,000 representatives serve clients in more than 100 nations, Schneider Electric helping them to deal with their energy and process in ways that are protected, dependable, productive and practical. From the least difficult of changes to complex operational frameworks, Schneider Electric innovation, programming and administrations enhance the way our clients oversee and computerize their operations. Schneider Electric associated advancements reshape businesses, change urban communities and advance lives. At Schneider Electric, we call this Life Is On. Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.