Pakistan invites Egyptian giant Elsewedy Electric to explore mining, IT investments

Federal Minister for Commerce Jam Kamal Khan held a productive meeting today with Eng. Ahmed Elsewedy, President and CEO of Elsewedy Electric, one of Egypt’s leading multinational industrial groups, read a statement on Monday.

During the meeting, Eng. Ahmed Elsewedy expressed satisfaction with the company’s current investment in Pakistan.

The minister apprised the Elsewedy leadership of the significant growth potential in Pakistan’s mining sector, highlighting policy reforms, investor-friendly frameworks, emerging public–private partnership opportunities, and the growing interest from major domestic and international players.

He also briefed them on the wide spectrum of opportunities in Pakistan’s rapidly expanding IT and technology services sector, inviting Egyptian companies to explore partnerships, innovation-led ventures, and digital trade cooperation.

Elsewedy Electric is an Egyptian multinational company founded in 1938 that provides integrated energy solutions, with a presence in 19 countries and exports to over 110 countries.

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The Egyptian counterparts welcomed the latest economic developments in Pakistan and expressed keen interest in deepening bilateral commercial engagement.

The meeting concluded with both sides agreeing to continue collaboration to enhance investment and industrial cooperation between Pakistan and Egypt.