Egypt cables saves resources and creates 48 jobs with the support of GEFF

Egypt cables invested in improving the efficiency of its medium and high voltage cables production lines through the replacement of inefficient production machinery.

Egypt cables company (ECM) was founded in 2003 as a joint stock company specialized in the production of high, medium, and low voltage cables and electric conductors. The company has more than 400 employees.

The company was looking to improve its competitiveness through improving the energy performance of its steel and copper tapping production lines in its facilities located in Beni Sueif. The company replaced the two old inefficient lines, in addition to replacing an old drum twister with a new one, which are all more efficient in terms of energy consumption and also have a higher production capacity and quality, compared to the existing machines. The investment helped the company improve energy efficiency, reduce production costs and increase production capacity and quality, thus enhancing its competitiveness and profitability.

The GEFF team evaluated the efficiency characteristics of the new lines and the drum twister and confirmed that their performance was in line with the best available technologies internationally. In addition to assessing the economic viability of the installation, the GEFF team also provided an assessment of the potential environmental benefits associated with the investment.

The US$ 4,109,035 investment helped reduce overall energy consumption by the equivalent of 3,972 MWh per year (28%). The company’s reduction in their energy consumption helped decrease production costs, thus, increasing their profitability. In addition to the improved final product quality and production output, which helped the company enhance its competitive edge.

The reduction of greenhouse gases associated with this investment is estimated at 2,307 tonnes of CO2 per year, a valuable contribution to mitigating the negative impacts of climate change. The project also helped Egypt cables create 48 new jobs for engineers and technicians.

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