Kuwait’s Aslaa General Trading & Contracting plans to build a new cable manufacturing plant in the Gulf state by the end of the year.
The plant will produce extra high-voltage power cables, overhead conductors and fibre-optic cables, targeting the Kuwaiti, Saudi and Iraqi markets.
Aslaa, a subsidiary of Al-Sabah Holding Company has already been granted an industrial licence and land for the plant, which will operate as the United Cable Company, a source close to the project tells MEED.
The company’s directors are currently in talks with consultants and engineering, procurement and construction (EPC) contractors for the estimated $250m plant.
The plant will comprise two production lines for aluminium, copper conductors and lead sheathed cables. One will manufacture cables from 600 voltage building wires up to 400 kV power cables. The second production line will manufacture fibre-optic cables.