The measure falls within the framework of Egypt's plan to increase local production and lure international companies to engage in the process.
During the ceremony marking the launch of the product on Saturday, Managing Director of Schneider Electric Egypt Waleed Shata said the new product is a step to fulfill a great dream of the company to manufacture products in Egypt in line with international standards.
The company plans to export Acti 9 products – to be locally made in Egypt - to African and Arab states, he said.
Schneider Electric plans to double its production lines in Egypt in the coming period in addition to boosting cooperation with Egyptian companies, he added.
Acti 9 – the Green Premium Product – is Schneider Electric's latest steel distribution board designed to maximize cable's network-link capability for all residential buildings.