Home Tech/AIIndustry & Trade Egypt Cabinet endorses Siemens’ €1.5bn power maintenance contract
Industry & Trade

Egypt Cabinet endorses Siemens’ €1.5bn power maintenance contract

by Yomna Yasser
written by Yomna Yasser

Egyptian Cabinet has ratified Wednesday a 12-year maintenance contract with German industrial giant Siemens for three power plants.

At value of €1.572 billion, Siemens has signed the contract with the Egyptian Electric Holding Company.

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