Egypt’s real estate developer Tatweer Misr inked a deal with Cairo University’s Faculty of Engineering to sponsor students participating in the Shell Eco-Marathon Asia Competition in Thailand, Invest-Gate reports.
The developer will be the title sponsor for the Egyptian team, which has taken part in previous editions of the competition. Working to create two ultra-efficient and eco-friendly vehicles, the 30-member team is from various engineering disciplines, including electrical, mechanical, and aerospace, according to the company’s statement.
“The team is entering this edition with two energy efficient designs; the first depends on gasoline, while the second is a battery electric vehicle that produces zero emissions. This year’s Shell Eco-Marathon Asia will take place in Thailand and will feature nine events aiming to find one car that travels the longest distance using the least amount of fuel,” the statement reads.
On his part, Ahmed Shalaby, CEO and Managing Director of Tatweer Misr, described his company’s move as an incentive to prompt Egyptian engineers to transform their vision of sustainable mobility into reality.
“As a responsible and sustainable business, we constantly seek to endorse choices based on enhancing and capitalizing on the environment that surrounds us in a way that protects and preserves it for future generations, this goes beyond providing mobility and accessibility options,” Shalaby was quoted as saying.
The contract was signed between Tatweer Misr’s CEO and Dean of the Faculty of Engineering at Cairo University Mohamed Tag El Deen.
Dating back to 1939, the Shell Eco-Marathon Asia Competition has expanded globally and now includes many energy types and motivates debate around the future of energy and mobility. In 2014, the Egyptian team was the first team from the MENA region to partake in the competition.