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Sierra Cables PLC entered into a joint venture agreement with three Fijian companies to set up a $4 million power cable manufacturing plant in Fiji. Sierra Cables will fund 30% of the investment and provide technical expertise.
“Sierra Cables PLC wishes to announce that it has on 13th October 2016 entered into a joint venture agreement with Vinot Patel & Co. Ltd, RC Manubbai & Co. Ltd and Progressive Investment Ltd to set up a power cable manufacturing plant in Fiji.”ruscable.ru
Summarized from public sources; check the original articles before acting on it.