The Egyptian-Saudi committee concerned with following up the electrical interconnection project between the two countries will discuss the date of installing the submarine cable at its scheduled meeting next week. Sources told Al Arabiya Business that the Italian company “Brisman” is close to completing the submarine cable. In preparation for its shipment and installation between Egypt and Saudi Arabia, the matter is being discussed between the two sides and the project consultant. The sources explained that the length of the submarine cable exceeds 19 kilometres, and the cable will be placed on a ship equipped for its installation immediately after the completion of its manufacture in the Italian company. The contractual value agreed upon with the Italian company includes shipping, installation and insurance of cables with a value exceeding 220 million euros. According to the agreement between Egypt and Saudi Arabia, the trial operation of the electrical interconnection project between the two countries is scheduled to begin at the end of May 2025, with the official operation of the project, which costs $1.8 billion, to begin in two phases, the first in June 2025 with a capacity of 1,500 megawatts, and the second in November of the same year. With a capacity of 1500 megawatts.
