GE Oil & Gas is in the process of almost doubling its local service facility in Egypt from 3,000km2 to 5,000km2.
The property, located in the free zone, is on course to be fully operational by mid-2017. It will be home to more than 100 high-value technical, engineering and service jobs held by Egyptians.
“It will handle the assembly, disassembly, repair, maintenance and testing of products serving firms both in Egypt and internationally”, the company declares.It will include a training centre for GE customers and employees. “The learning programmes will help expand local Egyptian expertise regarding the operation and service of the GE products being handled at the facility”, the company explains.
Egypt’s upstream oil and gas sector continues to be a major bright spot for the country’s economy, following a string of new discoveries in 2015. It’s a sector experiencing growth, and GE Oil & Gas is expanding its local service facility to deliver additional capabilities to customers working in this industry. “We are proud to be a partner to GE, one of the world’s leading providers of advanced technologies and services,” stated Mr. Mohamed Khodair, Chairman of the General Authority for GAFI. “By creating the right investment environment, GE is now able to expand its operations and investment in the free zone which will support Egypt industrially and economically.”