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Feb 7, 2021NEW FACILITYKigamboni District, Dar es Salaam, Tanzania

Elsewedy Electric to build $50M electrical appliances factory in Tanzania

Egyptian investor Elsewedy Electric will invest about $50 million to build an electrical appliances factory in Kigamboni District, Dar es Salaam, Tanzania, creating 400 jobs initially and producing electric wires, cables, transformers, smart meters and other products.

Value

$50.0M

Jobs

400

Starts operating

Jun 2021

Status

Under construction

Capacity

1,500 tonnes of electric wires and cables per month; 400 transformers per month

Productselectric wires and cablestransformerssmart metersdigital valve controllerstransformer tanks

CompaniesElsewedy Electric

Sectors#Electrical Equipment

“We are investing about $50m (equivalent to 116bn/-) in Dar es Salaam's Kigamboni District after securing 30 hectare with support from the government”africa-press.net

1 source
africa-press.netEGYPTIAN INVESTOR TO CREATE 400 JOBS - TanzaniacfeditorenFeb 7, 2021

Summarized from public sources; check the original articles before acting on it.

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