Egyptian group El Sewedy Electric is negotiating with Ghana to install a wind energy project

Egyptian group El Sewedy Electric is negotiating with Ghana to install a wind power project with investments of $350 million to $400 million, a newspaper said on Thursday.

Sewedy would begin work on the wind farm project in January if granted approval by the Ghanaian government, Ahmed Azouz, head of Sewedy’s office in Ghana, told al-Mal newspaper. The wind farm would be completed within three years, he added.

The wind farm equipment maker had said it was also eyeing wind markets in Brazil, Turkey, Pakistan and Libya. Sewedy plans to produce 300 towers in 2012 at its wind towers plant in Ain Sukhna on Egypt’s Red Sea coast.

Elsewedy Electric has become a significant contributor to the economic growth in Egypt through its development into a well-established group with extensive holdings, both locally and beyond borders in several other Middle Eastern & African countries.

Even during lean economic times, Elsewedy Electric has been able to maximize its commitment to improve efficiency by ensuring that its management possess the expertise and talent necessary for the most critical business needs and has thus succeeded in maintaining a solid financial position

Elsewedy Electric is the leading integrated cables and electrical products manufacturer in the Middle East, with the specialty in providing complete and integrated energy Solutions in sectors as diverse as: Telecom , Energy Management, Transformers, EPC, Electrical Products and Wind Energy Generation

Elsewedy Electric has more than 10,000 employees working in 30 production facilities located in 15 countries around the world, exporting our wide range of high quality and safe products to more than 110 countries worldwide.