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Electricity min., Swedish amb. discuss investment opportunities in Egypt
Published in The Egyptian Gazette on 28 - 06 - 2018

CAIRO, June 28, 2018 (MENA) - Electricity Minister Mohamed Shaker had a meeting on Thursday with Swedish Ambassador in Cairo Jan Thesleff on
boosting bilateral co-operation and beefing up investments in Egypt, particularly in power projects.
During the meeting, Shaker said Egypt is looking forward to strengthen economic, trade and social ties with 28 EU member states, especially Sweden.
He further underlined challenges facing the electricity sector over the past period and genuine efforts and measures taken to fill the gap between electricity production and consumption.
From June 2014 till 2018, Egypt managed to add 25,000 megawatts of conventional and renewable energy sources to the country's power grid, the
minister said.
Over the past three years, Egypt signed contracts to set up 18 high-voltage power transformer stations with a total capacity of 500 kilo-volts, the minister added.
A feasibility study is being conducted to increase the capacity of the power linkage grid with Jordan to reach from 2,000 to 3,000 megawatts instead of 450 megawatts, he noted.


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