wiUSA December 2013

INDEX

A delivery of conductors destined for a rural electrification project in Kenya has been held in the port of Mombasa since February 2013, without the clearing agent or the importer making any efforts to clear or pay necessary taxes. A High Court judge, Justice Lenaola has now decided that the transporter, Bear Ltd, contracted to take the conductors from Mombasa to Kenya Power warehousing in Nairobi, was acting “inconsistently with the law” regarding tax and duties on imported goods, and has judged that outstanding tax should be paid by Kenya Power and Lighting Company before the conductors can be released. The conductors were supplied by Chinese manufacturer Jiangsu, and will be used across the country as part of the Kenya Electrification Expansion Project (KEEP). Kenya Power conductors delay

Penang-based fastener manufacturer Chin Well Holdings Bhd is expecting to see sales increase during 2014, following greater demand from Europe and the US. Group director Tsai Chi-yun told The Star Online that industrial product and construction material wholesalers in the United States are sourcing mild steel fasteners. On sales to Europe, the group will be acquiring more CE (European conformity) certifications for fasteners used in government projects. “The sales contribution from Europe for the 2014 fiscal year is expected to improve to 40 percent of the group’s revenue, compared to 35 percent a year ago.” Orders from the United States and Europe could raise the monthly output of fasteners by 15 to 20 percent. The production plant, in Bukit Minyak, currently produces around 4,000 tonnes of fasteners per month. For the 2013 fiscal year, the group’s output of fasteners and wire harness products remained flat at about 107,762 tonnes, Tsai said. Fastener buyers looking to Malaysia?

ASIA / AFRICA NEWS

wiredInUSA - December 2013

43