El-Wazir Seeks to Expand Elite Solar’s Operation in Egypt

Kamel El-Wazir, the deputy prime minister for industrial development and minister of industry and transport, held a meeting with a delegation from Elite Solar to discuss the company's expansion plans in the Egyptian market. 

During the meeting, the company presented its plan for expansion, increasing production for the local market in the Arab country. 

According to a statement seen by the AEP, the company also addressed several challenges, including its need for more trained personnel in the solar energy sector as well as the local market's reliance on imported solar cells and panels.

Furthermore, El-Wazir emphasized the ministry’s interest in expanding the company’s production by increasing the number of factories and boosting productivity.

He also noted the importance of deepening local manufacturing by procuring components and production inputs locally, relying on domestic raw materials.

The minister further stressed the need for the company to open new export markets to capitalize on free trade agreements linking Egypt to various markets, particularly those in Africa, the Arab world, Europe, and the US.