Egyptian Elsewedy Electric aquires Validus Engineering Pakistan - keen to expand

[313ghazi]

Elsewedy Electric, Egyptian engineering services company, is keen on expanding production in Pakistan after acquiring Validus Engineering Pakistan. This was announced by the Minister of State and Board of Investment (BOI) Chairman, Atif Bokhari.

Atif took to Twitter and said that the Managing Director of Elsewedy Electric, Sherif Abo Elhassan, reached out to him to discuss investment opportunities in Pakistan.


He wrote, “The Egyptian company recently acquired 100% equity stake in Validus Engineering Pakistan and has plans to boost production capacity to not only meet domestic demand but also support regional export.”

He added that the Egyptian company has also shown interest in investing in infrastructure and construction projects available on BOI’s Projects Portal. “It is heartening to see that BOI’s efforts for investor facilitation through online availability of investment-related information, is culminating into potential ventures”, Atif wrote, adding, “I have assured Mr. Sherif of BOI’s support to facilitate Egyptian investment in Pakistan.”

Egyptian Engineering Company Keen on Investing in Pakistan

Elsewedy Electric, Egyptian engineering services company, is keen on expanding production in Pakistan after acquiring Validus Engineering Pakistan. This was

propakistani.pk

https://twitter.com/x/status/1397150596952637445

https://twitter.com/x/status/1397150598697476100

https://twitter.com/x/status/1397150600484343811

 

[313ghazi]

Check out their website, they seem to make everything you need to create/improve power infrastructure.

Business Lines - Elsewedy Website

Wire, Cable & Accessories, Electrical Products, Engineering & Construction, Digital Solutions, and Infrastructure Investments, Electrical industry

www.elsewedyelectric.com

The Pakistani company they bought was in the same field, although nowhere as big.

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