Egypt’s Minister of Industry, Khaled Hashem, met with Sebastien Riez, CEO of Schneider Electric for North East Africa and the Levant, to discuss the company’s current and future expansion plans in the Egyptian market, as well as opportunities to deepen local manufacturing and increase the domestic content of its products.
During the meeting, Schneider Electric reviewed the manufacturing capabilities of its production facility in Badr City, which currently operates with a local content ratio of 80%, exports approximately 50% of its output to more than 35 countries, and employs around 650 workers.
Hashem reaffirmed the ministry’s commitment to supporting Schneider Electric by streamlining industrial procedures to facilitate the expansion of production, enabling the company to meet growing domestic demand while strengthening its export capacity.
The minister also stressed the importance of increasing the local content ratio across the company’s product portfolio to enhance the competitiveness of Egypt’s manufacturing sector and reduce reliance on imports. He encouraged Schneider Electric to benefit from the ministry’s Local Supplier Development Programme, which aims to strengthen domestic supply chains and support industrial localisation.
Highlighting the strategic importance of clean energy, Hashem said expanding the use of renewable energy in manufacturing is essential to reducing production costs and improving the sustainability and global competitiveness of Egyptian products.
He invited Schneider Electric to participate in the ministry’s Industry Sun Initiative, which aims, in its first phase, to install rooftop solar power systems with a total targeted capacity of 1,000 MW across approximately 7,000 factories nationwide.
The minister also proposed that the company take part in implementing the Energy Service Company (ESCO) model, which focuses on assessing factories’ energy consumption, identifying opportunities for greater efficiency, and providing technical support to reduce operating costs while improving energy performance.
For his part, Sebastien Riez outlined Schneider Electric’s plans to expand its existing manufacturing facility in Egypt to increase production capacity and sales.
He added that the company aims to raise the local content ratio of its products from 80% to 85% in the coming period while continuing to expand its activities in digital energy management, industrial automation, and sustainability solutions.
