GE to Increase Investments in Egypt
Thursday, 20th April 2017
General Electrical (GE)’s President and CEO for the Middle East, North Africa, and Turkey region (MENAT), Rami Qasem, stated to Daily News Egypt that GE is planning to localize more of its manufacturing in Egypt.
Qasem added that GE will provide digital solutions that focus on how to help the country to have more efficient and reliable power generation.
The company was manufacturing its components and equipment in Egypt and serving the whole region for the last 13 years and it further seeks increasing its investments in the country.
Qasem explained that GE is looking for another location to build a new facility, on top of the 5,000 square meters facility that is currently under construction. He also noted that Egypt has enough man power and skilled labor that would allow GE to serve the country and the whole region.
GE has new digital solutions and is working to provide the industry of oil and gas manufacturing with the right solution to collect and connect the data from the machines and to create a platform that would enable any company working in the field make fast decisions.