Elsewedy Industrial Development Allocates Land to Seven Egyptian Investors in Tanzania
During the Tanzanian-Egyptian Business and Investment Forum in Dar es Salaam—held on the sidelines of the presidential summit between Egyptian President Abdel Fattah El-Sisi and Tanzanian President Samia Suluhu Hassan—memorandums of understanding (MoUs) were signed to allocate industrial land for seven Egyptian investors within the Elsewedy Industrial City in Tanzania. The agreements aim to establish advanced manufacturing facilities for strategic products.
High-Level Attendance and Strategic Sectors
The agreements were formally exchanged with Eng. Ahmed El Sewedy, CEO and Managing Director of Elsewedy Electric, and Eng. Mohamed Al Kammah, CEO of Elsewedy Industrial Development. The signing ceremony was attended by prominent Egyptian officials, including:
Kamel El-Wazir, Minister of Transport
Eng. Khaled Hashem, Minister of Industry
Dr. Mohamed Farid, Minister of Investment and Foreign Trade
These new projects are designed to channel Egyptian foreign direct investment into the Tanzanian market and localize Egyptian industrial expertise within the continent. The targeted factories will primarily operate across the pharmaceutical, engineering, and food industry sectors.
Exporting the Integrated Industrial Model
The agreements reflect an extension of Elsewedy Industrial Development’s core strategy to export its successful Egyptian model of developing and managing comprehensive industrial cities across borders. The company manages the Elsewedy Industrial City in Tanzania, which spans 2.6 million square meters, equipping it with integrated industrial and logistics infrastructure to attract a mix of local and foreign capital.
The company emphasized that the Tanzanian city has quickly become a premier destination for Egyptian and regional enterprises looking to aggressively expand their footprint into East and Central African markets.
Extensive Portfolio and Sustainable Operations
Elsewedy Industrial Development draws on vast operational experience, managing a massive land portfolio exceeding 60 million square meters across Egypt's most prominent industrial zones, including the 10th of Ramadan, Sadat City, 6th of October, and the Suez Canal Economic Zone (SCZone) in Ain Sokhna.
In its international operations, the company guarantees a sustainable and highly efficient operational environment for investors by providing state-of-the-art infrastructure. This includes fully integrated electricity, water, gas, road, and telecommunication networks, complemented by premium facility management, security, waste management, and logistics services.