Elsewedy Electric’s subsidiary signs EGP 711m deal in south valley development project

Elsewedy Electric Co announced that its subsidiary Elsewedy Electric for Trading and Distribution signed a new contract to implement the completion of the first stage of infrastructure works in the south valley development project.

The 711 million  Egyptian pounds contract includes the establishment of electrical and mechanical works, road works, and water networks on a turnkey basis over a period of three months from the date of receiving the site, the company said in a bourse disclosure.