In December 2021, H.E. President of Tanzania Samia Suluhu Hassan and Elsewedy Electric President and CEO Ahmed El Sewedy inaugurated Elsewedy Industrial Complex in Tanzania, Elsewedy Electric East Africa LTD, building on the ongoing cooperation of Elsewedy Electric and Tanzania by turning the country into a manufacturing and export hub for the company’s operations in Africa.
The Kigamboni-based factory is the company’s second-largest complex only surpassed by Elsewedy Electric’s main factory in Egypt.
Built on 120,100 square meters, the complex comprises several manufacturing facilities, from cables & conductors, transformers, through PVC, and meters, to a logistics center on a 4,800 square meters area.
The complex, whose investments amount to USD 35 M, will produce the solutions and equipment necessary for the industrialization strategy of Tanzania 2025 and cater to the demand of not only the Eastern African Region but Sub-Saharan Africa as a whole.
The complex will create over 500 jobs for talented youth in the first phase alone. In addition, it includes a training academy to provide innovative technical education and vocational training programs with international standards to skill and train aspiring youth.
“Tanzania’s favourable investment climate and its government’s support to industries enable Elsewedy Electric to use the new complex as a manufacturing and export hub at the heart of east and south Africa,” said Ahmed El Sewedy, President and CEO of Elsewedy Electric.
“Tanzania is suitably located bordering eight countries, six of which are nearly or completely land-locked, which makes Tanzania well-positioned to become a regional economic and transit hub.”