WCA January 2014

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Wire & Cable ASIA – January/February 2014
news Industrynews
Trying to join
the $1bn club
SUN and Sand Industries Africa Ltd, a
subsidiary of Samsung Overseas, has
started production of mild steel wire
rod. The company’s new product line
is part of its efforts to become a $1
billion organisation by 2014.
Shweta Satija, managing director,
hopes that producing the raw material
for nails, wire-mesh, binding wire,
furniture and utensil producing
companies will also help to provide
jobs for the increasing unemployed
population in Nigeria.
Musa Mohammed Sada, the minister
for steel development who
commissioned the new factory, has
commended the company for taking
up the challenge of driving the
industrialisation of the steel sector.
Shweta Satija added that the company
is venturing into other new products,
including a ferro-alloy plant, a cable
and conductor manufacturing unit,
and tin and gold mining in Rwanda,
Uganda, Ghana and other African
countries to boost the local economy
and create job opportunities for
Africans.
Sun and Sand Industries Africa Ltd
– Nigeria
Website:
Bengal to lay
fibre network
The West Bengal government has
agreed to a proposal to lay an optical
fibre network connecting various
panchayats in the state. Survey and
cable laying work will begin after the
monsoons.
West Bengal was among the last few
states to sign up to the memorandum
of understanding.
The state government’s delay to
grant right-of-way held up the
implementation of a national project to
make broadband Internet connectivity
available in rural areas. In 2011, the
department of telecommunication took
up the project to improve last-mile
connectivity in the country.