The African Company for Electrical &Mechanical Projects founded as partner of Libyan and Egyptian companies with a capital (5,000,000 L.D) Five million Libyan Dinar
The Libyan part is representative by the Public Electrical Works Company (PEWCO) with 51 % and it's related to the Ministry of Electric and Renewable Energy in Libya and the Egyptian representative by the following companies
|
No |
Partners |
Nationality |
Contribution rate |
|
1 |
Public Electrical Works Company (PEWCO) |
Libya |
% 51 |
|
2 |
Egypt Electricity Holding Company |
Egypt |
% 10 |
|
3 |
General company for electrical projects (ELEJECT) |
Egypt |
% 29 |
|
4 |
The Egyptian German electrical manufacturing company (EGEMAC) |
Egypt |
% 10 |