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SIAG Elsewedy Towers (SET) is a joint venture between SIAG Schaaf Industrie Aktiengesellschaft, a leading German steel manufacturer, and Elsewedy Cables.
The new tube tower plant is the first major investment outside the European continent for SIAG. It also represents an important step for wind power on the African continent. |
As for Elsewedy Cables, the new project is a strategic move towards providing complete solutions in the wind energy branch, including towers, wind turbine generators, blades, and turnkey solutions for wind farm projects.
The site has a total area of 250,000 m². Of this, more than 24,000 m² of production space is being used for the first building phase, where a total of 1,000 segments each year will be manufactured.
The second investment phase will allow production to increase to 2,000 segments per year. 500 long-term jobs will be created at the location in Egypt.
During the start-up phase, 25 German specialists will start production in a two-shift operation and provide training to their Egyptian colleagues by applying "learning by doing"
For further Information about SIAG, kindly visit: http://www.siag-group.com
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Quality Policy
The SIAG group attaches special importance to quality assurance. Therefore, the Egyptian location adheres to SIAG AG's policies on purchasing, production, quality, and sales.
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Locations
The new plant is located on the shores of the Red Sea, Ain El Shokhna. The project will be the basis for SIAG's focused growth in the North African and Mediterranean region
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