INTERVIEW: Egypt a hub for Hitachi ABB’s energy operations, investments in N.Africa: Country managing director

INTERVIEW: Egypt a hub for Hitachi ABB’s energy operations, investments in N.Africa: Country managing director

Hitachi ABB, a Swiss-based joint venture company that works with electricity grids, has significant confidence in Egypt's domestic market, aiming to make Egypt a regional hub for energy







Doaa A.Moneim

, Thursday 16 Jul 2020







country managing director for Egypt and North Africa at Hitachi ABB Power Grids, Mohamed Hosseiny













In interview with Ahram Online, country managing director for Egypt and North Africa at Hitachi ABB Power Grids, Mohamed Hosseiny, reveals the company's future plans and investments in Egypt and worldwide.

On Tuesday, Hitachi announced the acquisition of ABB for extended operations in Egypt and the region.

Ahram Online: How do you see business and the investment climate in Egypt?

Mohamed Hosseiny: Some people may be surprised that we're launching a multi-billion dollar company in these extraordinary times. Actually, we're convinced that now is the right time for our unique joint venture to start in the Egyptian market. Now more than ever, the world needs innovative energy solutions to address the huge challenges facing society. Only by balancing social, environmental and economic value in harmony can durable progress be made “” the basis for our generation and those that