wiredInUSA October 2016

INDEX

Image: www.kaec.net

Cable facility makes first move into the valley

International Trade Gateway Company (ITG) is to establish a high-voltage cable factory in Saudi Arabia’s King Abdullah Economic City (KAEC). The company has signed an agreement with KAEC for the purchase of a 9,000m 2 plot. The cable factory is expected to be the first of its kind in the economic city. A strategic advantage of the Industrial Valley is its direct link to King Abdullah Port, which greatly increases the efficiency of imports/exports and manufacturing. “We will develop a new production facility that will expand our services and propel our strategic plans. We have determined that KAEC’s Industrial Valley is the ideal location from which to expand our business and reach a wider group of investors due to

the strategic location, ease of procedures for new investments, and high quality infrastructure,” said Khalid Makki, president of ITG. To date, the Industrial Valley has attracted 120 national and global corporations; the construction materials production sector is considered one of the six target sectors for the area. ITG manufactures fireproof structural cabling in the 450 to 750kV and 600 to 7,000kV ranges, as well as low-voltage cables, flex cables, and gear and gauging instrument connection cables.

ASIA / AFRICA NEWS

wiredInUSA - October 2016

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