Elsewedy Industrial Development’s Post

Elsewedy Industrial Development has signed an MoU with Rosetta Energy Solutions, a subsidiary of TAQA Arabia, to supply liquefied natural gas (LNG) to Elsewedy Industrial City (EIC) in Tanzania via an innovative virtual pipeline. The MoU was signed by Eng. Mohamed AlKammah, CEO of Elsewedy Electric's Infrastructure Investments Sector, and Eng. Karim Shaaban, Managing Director of Rosetta, with the witnessing of H.E. Richard Makanzo, Tanzania's Ambassador to Egypt, Eng. Ahmed Elsewedy, President and CEO of Elsewedy Electric, Eng. Khaled Abubakr, TAQA Group Chairman, and Ms. Pakinam Kafafi, CEO of TAQA Arabia. The project includes constructing a small-scale liquefaction facility in Dar Es Salaam, from where LNG will be transported by specialized trucks to EIC, 100 kilometers away, to be regasified for industrial use. The cooperation aims to enhance the energy infrastructure in the industrial city, with the vision of attracting investments exceeding $400 million and creating more than 50,000 job opportunities. Eng. Mohamed AlKammah, CEO of Elsewedy Electric's Infrastructure Investments Sector, highlighted the importance of the partnership for achieving industrial and economic growth in Tanzania, while Eng. Karim Shaaban, Managing Director of Rosetta, confirmed that the collaboration with Elsewedy Industrial Development contributes to developing an energy hub in Tanzania. Elsewedy Industrial City aims to support Tanzania's manufacturing strategy for 2025, which includes Elsewedy Technical Academy to train the workforce according to international standards. Elsewedy Industrial Development has extensive experience in developing industrial cities in Egypt, including projects in 6th of October City, Ain Sokhna, 10th of Ramadan City, and Sadat City. Tax Registration Number: 725-884-223 #SDM #ElsewedyIndustrialDevelopment #ElsewedyIndustialCity #EIC #RosettaEnergySolutions #EICxRosettaSigning #TanziaxEgypt #InvestInEgypt

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