Japan’s Torishima, Egypt’s ElSewedy Industrial Development sign $5mln deal to establish water pump maintenance centre in SCZONE

  • Date: 25-Jul-2023
  • Source: Zawya
  • Sector:Industrial
  • Country:Egypt
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Japan’s Torishima, Egypt’s ElSewedy Industrial Development sign $5mln deal to establish water pump maintenance centre in SCZONE

The subsidiary of the Egyptian Elsewedy Electric, Elsewedy Industrial Development (SD), has signed a contract with Japanese pump manufacturer Torishima Service Solutions to establish a $5m water pump maintenance centre in the Suez Canal Economic Zone (SCZONE).

The centre, which will be located in the “Industria Sokhna” project, will span an area of 30,000 square metres and will be used to assemble, manufacture, supply, and maintain large water pumps used for industrial and civil purposes, including sewage treatment and desalination plants.

Torishima will invest up to $5m in the centre, which is expected to create over 100 jobs. The company also plans to establish a local spare parts industry to cater to the Egyptian market.

“We are honoured to have the opportunity to establish a local service and manufacturing presence in Egypt,” said Alister Flett, Managing Director of Torishima Service Solutions. “We look forward to partnering with key end users in the fields of water, wastewater, irrigation, and power to improve the reliability of the large pumps installed and ensure that Egypt has the most efficient pumps in the region.”

The agreement was witnessed by Walid Gamal El-Din, Chairperson of the General Authority for the Suez Canal Economic Zone.

“Capitalising on this cooperation with the