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“Egypt Cables” cut energy costs via machinery upgrades

Investor
Egypt Cables company (ECM)
Location
Beni Sueif Governorate, Egypt
Investment
Energy efficient steel and copper taping insulation production lines and drum twister
Investment Size
US$ 4,030,949
Financial results
Incentive 10%, US$403,095 payback 1.7 years IRR 60%
Energy savings
3,972 MWh per year
CO2 savings
2,307 tCO2eq/year
Impact
Energy efficiency, Increased production output, improved competitiveness
Donor
EBRD, EU, EIB and AFD

By shifting to energy efficient production lines, Egypt Cables increased production output and enhanced its competitive position in the market

Egypt Cables Company (ECM), a key player in Egypt’s cable manufacturing sector since 2003, upgraded its Beni Sueif facility with modern, energy-efficient equipment to improve production quality, reduce costs, and lower its environmental footprint.

Specializing in high, medium, and low voltage cables, ECM employs over 400 workers and serves a growing market for electric conductors. To maintain its competitive edge in this energy-intensive industry, ECM replaced outdated machinery on its medium and high voltage production lines—including an old drum twister—with new, high-efficiency equipment.

With a $4.03 million investment supported by GEFF Egypt, ECM achieved:

  • 23% reduction in primary energy consumption (13,239 MWh saved annually)

  • Annual GHG reduction of 2,307 tCO2eq

  • Enhanced product quality and higher output

  • 48 new jobs for engineers and technicians

The project aligned with GEFF Egypt’s green technology criteria and qualified ECM for both financing and a performance-based investment incentive. These improvements not only increased profitability but also underscored ECM’s commitment to sustainability and innovation in Egypt’s industrial landscape.

GEFF Egypt was developed by the European Bank for Reconstruction and Development (EBRD) and is supported by the European Union Neighbourhood Investment Platform.

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