WiredInUSA June 2016

INDEX

Iran power agreement

On 9 th May, Yangtze Optical Fibre and Cable (Sichuan) (YOFC (Sichuan)) celebrated the successful completion of its optical cable expansion and renovation project. YOFC (Sichuan) Co Ltd was established in 1993, jointly invested by YOFC and Sichuan Chuantou Energy Co Ltd, and located in Emeishan City of Sichuan Province. The company specializes in production and sales of indoor and outdoor communication optical cable products such as the central tube type, layer stranded type, banding type, ADSS and indoor optical cable. In 2015, shareholders made the decision to expand the production capacity of YOFC (Sichuan) from four million core kilometers to eight million core kilometers. The expansion and renovation project was completed in March 2016. Production line expansion completed

Iran is reported to have signed an agreement with Kazakhstan towards building a 50MW wind power plant in the west of Kazakhstan, on the Caspian Sea coast, within 18 months. The agreement was signed between Iran’s power and water equipment and services export company (SUNIR) and Eurasia Invest group in Tehran, the Iran Daily reported, adding that the Kazakh government will finance the $110 million project. Tehran and Astana have also signed a deal to establish a joint shipping company to boost bilateral trade via the Iranian port of Bandar Anzali and Kazakh port of Aktau, both on the Caspian Sea.

ASIA / AFRICA NEWS

wiredInUSA - June 2016

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