Taihan Cable & Solution and Al Ojaimi form JV for cable plant in Riyadh

Taihan Cable & Solution signed a joint venture agreement with Mohammed Al-Ojaimi Group to establish Saudi Taihan Cable & Solution, investing a total of US$80 million (Taihan 51%) to build an ultra-high voltage cable factory in Riyadh, Saudi Arabia. Factory completion is targeted for 2023.

“The two sides signed a joint venture establishment contract at the second building of Hoban Park in Seoul on June 15.”saudigulfprojects.com

• 1 source
• saudigulfprojects.comTaihan Cable & Solution to Establish Joint Venture with Al Ojaimi Saudi Arabia - SaudiGulf ProjectsMohammad SJun 17, 2022

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