Ducab signs AED 100 million contract with Saudi Electric Company
Ducab, the leading manufacturer of high-quality power cables in the Middle East, recently signed an AED 100 million contract with Saudi Electric Company (SEC) for the supply of Medium and Low Voltage cables, the largest single order that Ducab has received. The deal marks Ducab’s strong entry to the Saudi market.
Ducab, which currently tops the list of regional cable manufacturer, secured the SEC tender after fierce competition both from Saudi and regional candidates. “We are delighted to have secured this high volume contract,” said Colin Paskins, Managing Director, Ducab. “We have succeeded in maintaining and reinforcing a long term symbiotic relationship with SEC, which is demonstrated in increased trust and further business expansion opportunities.”
“With a team of qualified and dedicated employees, a state-of-the-art manufacturing unit and an unwavering commitment to quality, Ducab is uniquely positioned to meet the stringent requirement and contingencies arising from this orders,” he added.
The cables supplied by Ducab will meet part of SEC's plan for the rapid expansion and upgrading of low and medium voltage distribution cable network in the Kingdom of Saudi Arabia. The project is expected to last over a year and is slated for a late 2007 conclusion.
“Ducab is well known as a supplier of quality cables and our prior positive experiences with SEC made us the ideal candidate to supply cables that will form the bedrock of their expansion project,” said Yasser Hussein, Export and OGP Sales Manager, Ducab.
© 2006 Al Bawaba (www.albawaba.com)