Reinforcing its leadership in the energy sector, Korra Energi & Investment (Korra Energi) has announced the signing of a new dealership agreement with Mitsubishi Heavy Industries (MHI). This partnership marks a continuation of their longstanding collaboration spanning over 25 years in various supply fields, making Korra the distributor of Mitsubishi Marine Engines and Generators in Egypt.
Mitsubishi marine engines offer a wide range of power capacities, from 106 kW to 3,850 kW, catering to various marine applications, including main propulsion, auxiliary generators, diesel-electric systems, emergency generators, and port emergency generators.
Commenting on the partnership, Ahmed Fares, Power Generation Director at Korra Energi, stated:
“This agreement with Mitsubishi Heavy Industries represents a significant milestone for our company. We believe that introducing Mitsubishi’s advanced marine engines will enhance the efficiency and performance of Egypt’s maritime sector. These engines are not only powerful and reliable but also fuel-efficient and compliant with global environmental standards. We look forward to delivering these innovative solutions to our customers and supporting the growth of the marine industry in Egypt.”
Mohamed Medhat, Executive Director of the Sustainable Green Energy and Power Systems Business Unit at Korra Energi, added:
“Our partnership with Mitsubishi Heavy Industries allows us to provide high-quality, highly reliable marine engines. This step aligns with our strategy to offer innovative and sustainable products that contribute to Egypt’s sustainable development. We are confident that this collaboration will strengthen our market position and add significant value to our customers”.
Heba Korra, Executive Vice President of Korra Energi & Investment, expressed her enthusiasm for the partnership with Mitsubishi, emphasizing Korra’s commitment to seeking growth opportunities with strategic partners in Egypt and the wider region. She highlighted the long-standing relationship between the two companies, spanning over 25 years, and expressed optimism about expanding their product offerings to include marine engines.
From Mitsubishi’s side, Karim Khalil, General Manager of Mitsubishi Heavy Industries Engine System – Middle East (MHIES-ME) in the UAE, commented:
“We are proud to strengthen our presence in the Egyptian market through this partnership with Korra Energi & Investment. Egypt is a key strategic market for us, and we believe that Korra’s extensive expertise and strong network will help us bring our advanced marine engines to a wide range of customers. We look forward to a fruitful collaboration that will contribute to the development of the maritime sector in Egypt.”
Kazumi Ikeda, Managing Director of MHI Engine System Middle East FZE – Sharjah, added:
“Mitsubishi has always been committed to delivering cutting-edge technology in marine engines. Our partnership with Korra Energi represents an important step in expanding our regional presence. We are confident that this collaboration will provide reliable and efficient solutions that meet the needs of customers in Egypt while supporting sustainable growth in the maritime sector.”
This strategic partnership underscores Korra Energi’s commitment to delivering the latest technologies and innovative solutions in the energy sector while supporting the sustainable development of Egypt’s maritime industry. It is a key component of the company’s ongoing efforts in energy systems and solutions
