Contact us | +971 4 3635663
Sponsored by   Mudabala
Middle East Business Information
 
Loading Loading ...
Sat, 04 Jul 2009 | 20:35 GMT

Emirates International Investment Company reveals ambitious AED1.8bn plan to establish six hi-tech cable factories globally

Press Release
 
 

The company is to build factories in UAE, KSA, Algeria, Romania and Vietnam

Abu Dhabi 10 May 2008: As part of its strategy to broaden its international presence and develop its business units, the Emirates International Investment Company (EIIC)Emirates International Investment Company (EIIC)Loading... has announced ambitious plans to build six hi-tech factories in the UAE, Kingdom of Saudi Arabia (KSA), Algeria, Romania and Vietnam, at a value of AED1.8billion.

EIICEIICLoading...'s decision to construct these factories in Kingdom of Saudi Arabia (KSA), Algeria, Romania and Vietnam comes at a time when the region is experiencing a great construction boom. To satisfy market demand, EIICEIICLoading... is estimating production levels of 40,000 tonnes/year of copper and 7,000 tonnes/year of aluminium low, medium and high voltage cables, all of which will adhere to best international standards.

EIICEIICLoading... has already begun construction on two UAE-based factories in Mussafah, Abu Dhabi: the first manufacturing aluminium rods producing 100,000 tonnes/year, and the second manufacturing magnetic wires producing an estimated 25,000 tonnes/year.

Mr Omar Younis, General Manager of EIICEIICLoading...-owned Electrocab which is managing the factories, stated that the company plans to boost production of copper cables in its Algeria factory to 60,000 tonnes/year in order to meet demand in the Algerian and North African markets. He confirmed that the KSA, Romania and Vietnam factory blueprints are completed and the sites have already been selected.

Mr. Younis insists quality is the priority for EIICEIICLoading.... "We have secured a team of specialised cable professionals who will ensure top-notch quality management for all our products and that they follow international requirements. First-class machinery has been sourced from Europe's leading suppliers to outfit all of our factories."

-Ends-

© Press Release 2008

from Promoseven
 
 
 
Community Comments (0) - Comment on this article
The opinions of the authors expressed herein do not necessarily state or reflect Zawya. Read our Comment Policy.
 
 
 
Loading ...
 
Report Abuse
Loading ...
 
 
Loading ...
Zawya Comment Policy:
 
  1. Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
    1.1   Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
    1.2   Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
    1.3   Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
    1.4   Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
    1.5   Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
    1.6   Give the impression that they represent Zawya.
    1.7   Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse.
  2. The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
  3. Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
  4. By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
 
 
 
Community Buzz

Stories

Companies

Most viewed companies by Community in the last 24 hrs
Company Name Country Industry
Consolidated Contractors Company Overseas Construction and Design
Saudi Binladin Group Saudi Arabia Construction and Design
Emirates Aluminium Company UAE Metal Production
Abu Dhabi Investment Council UAE Investment Firms and Funds
Emirates Telecommunications Corporation UAE Telecommunications Services
Al Azizia Panda United Company Saudi Arabia General Retailers
Barwa Real Estate Company Qatar Landlords and Developers
Nissan Motor Egypt Egypt Transportation Products
Ras Girtas Power Company Qatar Electric Utilities
Saudi Electricity Company Saudi Arabia Electric Utilities
 

Projects

Blogs

 
 

 
 
 
 
 

Site is optimised for viewing at 1024 x 768 with Internet Explorer v6 and Firefox v3.0 and above.
Copyright © 2009 ABQ Zawya Ltd. All rights reserved. Please read our Membership Agreement