President Abdel Fattah El Sisi received on Thursday Chief Executive Officer (CEO) and Chairman of the Multinational Electricity Company Schneider Electric Jean-Pascal Tricoire and a number of company officials.

Presidential Spokesman Ambassador Bassam Rady said the meeting took up the company’s activities in Egypt in the field of energy, renewable energy, infrastructure and information networks.

Sisi welcomed measures to intensify cooperation with the company in the various fields in light of the Egyptian government's policy to implement mega investment projects as Egypt is considered one of the biggest markets in the Middle East region, the spokesman explained.

Schneider Electric chief, for his part, asserted that the company was keen on doubling its investments in Egypt in view of the current projects under construction, praising the achievements that have been realized over the past period in various economic projects.

Pascal also said the company is keen on maximizing its role in extending power to remote areas with the use of solar energy to help enhance Egypt's development process. He also voiced the company's readiness to set up specialized training centers to provide new job opportunities

Source : Mena