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October 30, 2024 | 2 days ago
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Present in Algeria for over 15 years, El Sewedy Electric, an Algerian-Egyptian company, specialises in manufacturing cables and electrical transformers. Its factory in Aïn Defla employs 3,000 people and reduces the country's dependence on imported electrical equipment by supplying the main desalination plants in Béjaïa and El Taref. Since shifting to exports, El Sewedy Electric Algeria has generated over $30 million in exports to 17 countries in four years. With $450 million invested in Algeria, the company underscores the country's investment-friendly policies and is committed to increasing its contribution to Algeria's economic development.
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