Ducab turnover up, expansion on track

27 June 2003
Dubai Cable Company (Ducab) announced in mid-June a 13 per cent increase in sales to AED 433 million ($118 million) for 2002. The increase was primarily due to the higher sales volume of medium-voltage cables and a 93 per cent increase in sales in markets outside the GCC, the company said without revealing precise details.

Ducab is aiming to achieve AED 800 million ($218 million) in sales by 2006, which will be assisted by the proposed increase in capacity from the commissioning of its proposed new plant in Abu Dhabi emirate (MEED 11:4:03).

Estimated to cost a total of AED 125 million ($34 million), the programme calls for the construction of a greenfield factory at the Mussafah industrial area in Abu Dhabi and the addition of 5,000 tonnes a year (t/y) of new capacity at Ducab's existing plant at Jebel Ali.

To be owned by Ducab (Abu Dhabi), the new Musaffah plant will produce low-voltage power cables and related products and have capacity to use 20,000 t/y of copper.

The project will involve the construction of processing lines, storage facilities and associated civil works. It is due to be completed by late 2004 and will be built over 90,000 square metres. Ducab is a 50:50 joint venture between the governments of Dubai and Abu Dhabi.

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