# TBEA to invest 844.32 million yuan in smart cable industrial park in Changji

TBEA Co., Ltd. announced its subsidiary TBEA Xinjiang Cable Co., Ltd. will invest 844.32 million yuan to build a smart cable industrial park in Changji, Xinjiang. The project will add capacity for building wires and medium/low voltage cables, with a 2-year construction period and 4 years to full production.

- Type: Investment
- Announced: 2021-12-10
- Where: Changji, Xinjiang, China
- Value: $128.0M (844.3M CNY)
- Starts operating: 2023
- Status: announced
- Capacity: 502,167 km of building wires and 47,477 km of medium/low voltage cables per year
- Products: building wires, medium/low voltage cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [TBEA](https://endata.com/companies/3835.md)
- [TBEA Xinjiang Cable Co., Ltd.](https://endata.com/companies/59630.md)
- [TBEA (Deyang) Cable Co., Ltd.](https://endata.com/companies/59847.md)

## Sources

- [epaper.cs.com.cn](https://epaper.cs.com.cn/zgzqb/html/2021-12/11/nw.D110000zgzqb_20211211_2-B058.htm), 2021-12-11: "智能电缆产业园项目的建设，有利于扩大公司线缆产品产能，改善公司新疆地区现有产能不足、自动化水平低的现状，提高公司线缆产业的市场竞争力，项目具有较好的经济效益。"
- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/626098.html), 2021-12-21: "德缆技改项目总投资8.2亿元，项目资本金由公司以货币资金3.69亿元向德缆公司增资"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
