July 1, 2024

Schneider Electric And Al Ahly Sabbour Partners For SCD Projects

Facebook
Twitter
LinkedIn
Schneider Electric, Al Ahly Sabbour, and Gebal for Sustainability Solutions sign an MoU to develop local community in Marsa Matrouh

Schneider Electric, Al Ahly Sabbour, and Gebal for Sustainability Solutions have announced the signing of a Memorandum of Understanding to launch sustainable community development (SCD) projects in Sidi Heneish village in Marsa Matrouh Governorate. 

According to Industry sources, these projects are focused on boosting the lives of village residents by developing the Water, Food, and Energy Nexus, and enhancing the capabilities of local communities to create a positive impact on environmental, social, and economic levels. 

Industry sources added that the memorandum of understanding was signed by Mr. Sebastien Riez, CEO of Schneider Electric Northeast Africa & Levant; Eng. Ahmed Sabbour, Chairman and Managing Director of Al Ahly Sabbour Developments; and Mr. Mohsen Nawara, Co-founder and Chairman of the Board of Directors of Gebal for Sustainability Solutions. Representatives from the Embassy of France in Cairo and the leadership team of all involved parties attended the signing ceremony.

Schneider Electric and Al Ahly Sabbour sign an MoU to develop local community in Marsa Matrouh
Schneider Electric and Al Ahly Sabbour sign an MoU to develop local community in Marsa Matrouh

Industry sources further added that this agreement displays the commitment of both Schneider Electric and Al Ahly Sabbour to implementing sustainable development projects. It underscores their belief in working together to improve food security within the community and provide clean drinking water, as Matrouh residents primarily rely on saline rainwater and wells as the prime source of water and irrigation. Additionally, these projects will economically empower the local community by creating job opportunities and training for beneficiaries on the provided solutions. The number of beneficiaries of this project exceeds 19,000 individuals, in the fields of energy, water, and food security. 

Commenting on the MoU, Mr. Sebastien Riez, CEO of Schneider Electric Northeast Africa & Levant, stated: “We are pleased to cooperate with Al Ahly Sabbour, marking our first partnership with a real estate company to deliver sustainable development projects that aim to support local communities and achieving sustainability by maximizing the use of resources, and ensuring access to green energy for all. At Schneider Electric, we believe that cooperation is key to achieving sustainability for everyone, and we are committed to providing innovative technological solutions that contribute to protecting the environment and developing local communities in Egypt.”

Eng. Ahmed Sabbour, Chairman and Managing Director of Al Ahly Sabbour Developments, stated, “At Al Ahly Sabbour, we believe in the importance of contributing to sustainable development for local communities. We are proud to partner with Schneider Electric, an ideal partner for achieving our goals through the advanced technologies it provides, and we have confidence in Gebal’s capabilities in developing sustainable projects that positively impact the lives of Sidi Heneish residents by providing clean drinking water, improving agricultural productivity, creating new job opportunities, and enhancing environmental awareness.” He added, “We believe that real estate development companies have a significant responsibility that goes beyond constructing buildings to uplift the quality of life at communities where we operate. This commitment reflects our dedication to Egypt’s vision 2030 and the international effort to achieve the United Nations Sustainable Development Goals.”

Industry sources further added that under this agreement, the three parties have outlined a series of projects aimed at enhancing sustainability and community empowerment in Sidi Heneish village in Marsa Matrouh Governorate. These projects include a 140-meter-deep groundwater well to provide clean drinking water, a desalination station operating at a capacity of 60 kilowatts of solar energy to produce 60 cubic meters of clean water per day for drinking and irrigation purposes, a climate-controlled greenhouse with a production capacity of 15 tons per year, in addition to a fertigation unit, all powered by solar energy. 

Source

Share.

RELATED POSTS

OIC Secretary-General, Mr Hissein Brahim Taha
OIC General Secretariat welcomes Saudi Arabia-Iran's diplomatic relations
Mohamed Jameel Al Ramahi, CEO of Masdar (left) and Greg Jackson, CEO and Founder of Octopus Energy Group (right) HE Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, Chairman
Octopus Energy Group collaborates with Masdar
Khaled Al Huraimel, Group CEO of BEEAH Group & Carlos RV Silva, President, ISWA.
BEEAH collaborates with ISWA and Roland Berger
  • Tamkeen Insurance banner
  • International Assurance

LATEST POSTS

Fortinet 2024 Cloud Security Report, focuses on the key challenges that organizations face in safeguarding complex cloud environments and offers a thorough examination of security solutions and strategies to ensure effective protection of data and systems
ITIDA, Telecom Egypt And Nokia Alliance To Boost Innovation In NA with the launch of Nokia's IP Excellence Center In Egypt
Al Qubaisi: “Our collaboration with e& UAE paves the way for a long-term strategic partnership benefiting private sector companies in Abu Dhabi”
Huawei embraces commercial 5G-A for the Mobile AI Era at MWC Shanghai 2024