Elsewedy Industrial Development and Torishima of Japan join forces

  • Date: 24-Jul-2023
  • Source: Zawya
  • Sector:Industrial
  • Country:UAE
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Elsewedy Industrial Development and Torishima of Japan join forces

- SCZONE has witnessed the signing of a contract that allocates 30,000 square meters of land in 'Industria Sokhna' between Elsewedy Industrial Development and Torishima Service Solutions, which plans to invest USD 5 million.

- Walid Gamal El-Din: “SCZONE is committed to reinforcing its partners, attracting prominent Japanese investments.”

- Mohamed AlKmamah: “Allocating 30,000 square meters to establish Japanese water pump maintenance center in Sokhna zone with USD 5 million investement.”

- Alister Flett: “Torishima is honored to establish a local service and manufacturing presence in Egypt, ensuring the most efficient and reliable pumps in the region.”

New Administrative Capital: The Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE) - Walid Gamal El-Din, has witnessed the signing ceremony for an allocation contract between Elsewedy Industrial Development (SD), a subsidiary of ELSEWEDY ELECTRIC (EE), and Torishima Service Solutions. Under the terms of the agreement, the Japanese company will establish a center for assembling, manufacturing, supplying, and maintaining large water pumps used for industrial and civil purposes, including sewage treatment and desalination plants. This center will span an area of 30,000 square meters in the "Industria Sokhna" project, which is owned by Elsewedy Industrial Development.

CEO, Elsewedy Industrial Development (SD) - Eng. Mohamed