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Elsewedy Electric's units sign development contracts with IDA
08. July 2018
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Elsewedy Electric (SWDY) said that two of its subsidiaries have signed two contracts for developing and allocating 2 million sqm worth LE440 million for each, with Industrial Development Authority. 

 

SDM for Development and Pyramids Industrial Parks Companies that owned by Elsewedy Electric with 99.9% and 45% respectively have submitted their bids in a response to tenders of Development the Industrial Zones in 10 Ramadan City with Private Sector programme.

 

The Company added the subsidiaries signed the contracts on July 05, 2018.