Cairo – Mubasher: Elsewedy Electric Co on Tuesday said that its subsidiary El Sewedy Electric for Trade and Distribution signed a contract worth EGP 620 million with El Mostakbal for Urban Development to supply the main infrastructure networks of electricity and communication in the first phase of El Mostakbal City.
The project will be implemented within 18 months from the contract’s signing date on 30 August 2017, the firm added in a statement to the Egyptian Exchange (EGX).
