Taiwan’s Risesun seals million-dollar joint venture with Sharjah company
Taiwan’s Risesun Electrical & Industrial Co. has entered into a joint venture with a Sharjah based company to assemble electrical and industrial products. The deal was announced at the Middle East Industrial Show, which is underway at Expo Centre Sharjah.
“The first phase of the venture will roll out an assembly plant for electric conductors and circuit breakers of up-to 600 Amps,” said President, Risesun. John JP Lin. “The factory will open during the first quarter in 2004 with an initial investment of one million dollars.”
The Middle East Industrial is one of the region's largest events for industrial products, machinery, technology and solutions for the manufacturing industry. The event is the largest in its three-year history with 91 exhibitors from 12 countries and national pavilions from Iran and Taiwan. — (menareport.com)
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