Schneider Electric plans fresh investments in Egypt worth EUR 20 mn

Schneider Electric plans fresh investments in Egypt worth EUR 20 mn: Schneider Electric is planning to invest EUR 20 mn in Egypt “in the coming period,” Schneider Deputy Chairman Sherif Abdel Fattah said yesterday, according to Amwal Al Ghad. Schneider has recently signed an agreement with Revolta Egypt to build 65 electric vehicle charging stations across seven governorates, Abdel Fattah said, adding that his company is also planning to set up a charging station in the new administrative capital. Abdel Fattah offered no further details on the company’s investment plans.