ABB is in negotiations with the Housing Ministry to build power transmission and distribution infrastructure at the New Administrative Capital, CEO Naji Jreijiri tells Al Borsa. Separately, ABB is set to inaugurate eight solar power plants with production between 220 KW and 1.5 MW before the end of the year as part of its target of increasing its electricity production to 2 GW by 2022. The company also says it invested USD 50 mn in Egypt over the past five years.

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