Promoted content: ABB CEO Dr Ulrich Spiesshofer, who was received in Cairo by H.E. Abdel Fattah El Sisi, President of the Arab Republic of Egypt, expressed ABB's support for the President's vision of Egypt During the meetings, President Sisi reviewed with the ABB CEO Egypt's vision to turn into as an energy hub for the Middle East and North Africa. Also present at the meeting were H.E. Dr Mohamed Shaker, Minister of Electricity and Renewable Energy; H.E. Mr Jan Thesleff, Ambassador of Sweden to Egypt; and Mr. NajiJreijiri, ABB's Country Managing Director. "I was honoured to discuss the President's bold vision for economic and social development. Energy is a prerequisite for industrialisation and ABB is proud to be a partner of Egypt in electrification and automation. We fully support Egypt's goal of becoming an energy hub and a centre for export-oriented industrial production," said ABB CEO Dr Ulrich Spiesshofer. "For ABB, Egypt is our hub for the Near East, North and Central Africa. We have been present here since 1926 and are proud to invest and provide job opportunities for Egyptians." ABB is the partner of choice for stronger, smarter and greener power grids globally. ABB is also a partner of choice in industrial automation and robotics and motion. In Egypt, ABB employs 1,800 highly-skilled employees in its five Egyptian factories; with its partners, the total number of people employed by the ABB ecosystem is approximately 3,500. ABB has invested more than $200 million in expanding and upgrading its facilities in the last decade. About 20 per cent of ABB's production in Egypt is currently exported; the target is to increase that figure to 25 per cent. ABB's recent landmark projects in Egypt include power stations serving the new Terminal 2 at Cairo airport; the control system for the new Cairo water treatment and filtration plant built by the National Authority for Potable Water and Wastewater; a control system for a 280kV wind farm; and the electrification of important new national buildings like the Grand Egyptian Museum in Giza.
