{"id":598346,"date":"2019-05-22T03:49:16","date_gmt":"2019-05-22T03:49:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/22\/elsewedy-electric-to-establish-utilities-jv-with-sczone-authority\/"},"modified":"2019-05-22T03:49:16","modified_gmt":"2019-05-22T03:49:16","slug":"elsewedy-electric-to-establish-utilities-jv-with-sczone-authority","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/22\/elsewedy-electric-to-establish-utilities-jv-with-sczone-authority\/","title":{"rendered":"Elsewedy Electric to establish utilities JV with SCZone Authority"},"content":{"rendered":"

INVESTMENT WATCH- Elsewedy Electric to establish utilities JV with SCZone authority: <\/b>Elsewedy Electric has signed a partnership agreement with the General Authority of the Suez Canal Economic Zone (SCZone) to set up the Economic Zone Utilities Company, Elsewedy said in a bourse filing (pdf)<\/a>. Elsewedy will own a 49% stake in the venture, which will have EGP 1 bn in capital. The JV will be responsible for designing, building and maintaining infrastructure projects in the economic zone. It will also update the zone\u2019s utility master plan.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Elsewedy Electric to establish utilities JV with SCZone authority: Elsewedy Electric has signed a partnership agreement with the General Authority of the Suez Canal Economic Zone (SCZone) to set up the Economic Zone Utilities Company, Elsewedy said in a bourse filing (pdf). Elsewedy will own a 49% stake in the venture, which will […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[152,72,7111,2380,416],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598346","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-elsewedy-electric","tag-enterpriseam","tag-infrastructure","tag-speed-round","tag-suez-canal-economic-zone","wpautop","entry"],"acf":{"mongo_id":"36149f78-7368-4b94-878c-9f4257724773","is_powered_by":true,"section_story_id":"34faae90-6862-45e1-a64f-33678239503d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[598335],"teaser":"","voice_url":""},"yoast_head":"\nElsewedy Electric to establish utilities JV with SCZone Authority - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/22\/elsewedy-electric-to-establish-utilities-jv-with-sczone-authority\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elsewedy Electric to establish utilities JV with SCZone Authority\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Elsewedy Electric to establish utilities JV with SCZone authority: Elsewedy Electric has signed a partnership agreement with the General Authority of the Suez Canal Economic Zone (SCZone) to set up the Economic Zone Utilities Company, Elsewedy said in a bourse filing (pdf). Elsewedy will own a 49% stake in the venture, which will […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/22\/elsewedy-electric-to-establish-utilities-jv-with-sczone-authority\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-22T03:49:16+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/22\/elsewedy-electric-to-establish-utilities-jv-with-sczone-authority\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/22\/elsewedy-electric-to-establish-utilities-jv-with-sczone-authority\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Elsewedy Electric to establish utilities JV with SCZone Authority\",\"datePublished\":\"2019-05-22T03:49:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/22\/elsewedy-electric-to-establish-utilities-jv-with-sczone-authority\/\"},\"wordCount\":94,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Elsewedy Electric\",\"EnterpriseAM\",\"infrastructure\",\"SPEED ROUND\",\"Suez Canal Economic Zone\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/22\/elsewedy-electric-to-establish-utilities-jv-with-sczone-authority\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/22\/elsewedy-electric-to-establish-utilities-jv-with-sczone-authority\/\",\"name\":\"Elsewedy Electric to establish utilities JV with SCZone Authority - 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Elsewedy Electric signed a\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604667,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/10\/elsewedy-subsidiary-to-develop-sczone-area-for-estimated-egp-10-bn\/","url_meta":{"origin":598346,"position":1},"title":"Elsewedy subsidiary to develop SCZone area for estimated EGP 10 bn","author":"enterpriseam admin","date":"10 December 2018","format":false,"excerpt":"INVESTMENT WATCH- Elsewedy to develop EGP 10 bn industrial zone in SCZone: An Elsewedy Electric subsidiary has signed a contract with the Suez Canal Authority that will see it develop an industrial zone in Ain Sokhna in the Suez Canal Economic Zone (SCZone) at an estimated total cost of EGP\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624777,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/18\/elsewedy-nears-agreement-to-build-utility-company-in-suez-canal-economic-zone\/","url_meta":{"origin":598346,"position":2},"title":"Elsewedy nears agreement to build utility company in Suez Canal Economic Zone","author":"enterpriseam admin","date":"18 September 2018","format":false,"excerpt":"Elsewedy Electric is reviewing the final contracts and agreements on the ownership structure for a new utilities company it intends to launch to service the Suez Canal Economic Zone, sources tell Al Mal. The new company will be a joint venture with the government-owned Main Development Company. No further details\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626487,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/sczone-elsewedy-expected-to-sign-contracts-for-10-mn-sqm-in-ain-sokhna\/","url_meta":{"origin":598346,"position":3},"title":"SCZone, Elsewedy expected to sign contracts for 10 mn sqm in Ain Sokhna","author":"enterpriseam admin","date":"3 July 2018","format":false,"excerpt":"The Suez Canal Economic Zone is \u201cputting the final touches\u201d on contracts with Elsewedy to develop 10 mn sqm in Ain Sokhna, and expects to ink the final agreement within two weeks\u2019 time, Al Mal reports. No details were provided on the expected value of the contracts.","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568675,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/30\/elsewedy-schenker-3a-consortium-awarded-contract-to-build-egypts-6-october-dry-port\/","url_meta":{"origin":598346,"position":4},"title":"Elsewedy-Schenker-3A consortium awarded contract to build Egypt\u2019s 6 October dry port","author":"enterpriseam admin","date":"30 January 2020","format":false,"excerpt":"CABINET WATCH- Elsewedy-Schenker-3A consortium awarded Sixth of October dry port tender: A consortium of Elsewedy Electric, Schenker Egypt, and 3A International the contract to build the planned USD 100 mn Sixth of October dry port, Al Mal reports, quoting Transport Minister Kamel El Wazir said. 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