Elsewedy Electric announces the signing of a contract for new power transformers manufacturing facility in Dammam Third Industrial City, Saudi Arabia.
This milestone took place during the Saudi Made Exhibition, under the patronage of H.E. the Minister of Industry and Mineral Resources and in the presence of the CEO of MODON. Mr. Malek Assalameen, Chief Financial Officer of Elsewedy Electric Arabian Industry in KSA, represented the company at the signing ceremony.
The company stated, this investment strengthens our production readiness and localizes advanced energy technologies to support the Kingdom’s growing infrastructure needs. By establishing this facility, we are reinforcing local supply chains and contributing directly to the goals of Vision 2030, ensuring that our energy solutions are of the highest global standards. We remain committed to being closer to our customers with products built in Saudi, for Saudi, powering.
