Infrastructure Developments Will Demand More Fiber Optic Cables in Middle East's Asian Market
Middle East Asian Fiber Optic Cable Market Analysis
Saudi aramco, regions one of the major oil giant had drawn up a shortlist of prequalified contractors to bid for its $6 billion worth of construction work on its proposed 400,000 barrel per day Jubail export refinery. France's Technip, Spain's TR, Italy's Snamprogetti, South Korean SK engineering & Construction, Japan's JGC corporation are the contractors for the first package of $ 1.8 billion which will cover distillation and hydro-treating.
Construction contracts are expected to be awarded by the first quarter of 2009. All the above contractors buy fiber optic cables for data communications as well as Local area networking. Fiber cable companies can expect orders from these contractors in the near future, fiberkids foresee. Another major step is by Dow Chemical, a US based company to proceed for the three of the regions major projects in Saudi Arabia, Libya and Oman.
Privatization of the state owned telecom operators are on the air in many of the middle East countries and in some it has already happened. These privatization has brought up new opportunities of technological development and has boosted fiber optic cable companies. Etisalat is planning to reap from these privatization in the region.
Middle East Asia's other major telecom multinational operators like Saudi Telecom, Orascom Telecom from Egypt, Morac telecom from Morocco and Qtel from Qatar are over shadowed by Etisalat.
The analysis of Fiber optic cable market in Middle east asia shows continuous upward growth from the year 2005 to 2008, both in the market demand and in the production and fiber consumption by the manufacturers in the region.
Riyadh Cables , Middle East fiber cable co., Riyadh, Saudi Cables, Jeddah, Oman fiber optics, Shahid Ghandi cable manufacturing company, Iran, Rafsanjan Industrial complex, Iran, Iran cables El sewedy cables, Egypt, Teldor wire and cable, Israel and Superior Israel are the major companies involved in Fiber optic cable manufacturing business in the region.
The Optic fiber consumption in Saudi Arabia by its 3 cable manufacturers topped the region with 1 million fiber kilometers use in the fiber optic cables produced in the year 2007. Out of this 1 million Middle east fiber cable co. has its highest share among the three manufacturers by leaving Riyadh cables to the second position. Middle east fiber cable company, MEFC is planning to tap the regions potential market and the future demand by expanding its existing cable manufacturing facility with additional machineries from Rosendahl, an Austrian cable machine manufacturer. Middle East Fiber Cable Co. MEFC is investment collaboration with one of the major Optical fiber cable, accessories and equipment manufacturer from Japan, M/s Fujikura Ltd.
Adding up the fiber consumption of the 3 fiber optic cable manufacturers from Iran, the figure comes around 0.6 million fiber kilometers on 2007. Two Fiber optic cable companies from Israel could add up to 0.5 million fiber kilometers.
It is a fact that compared to the fast growing developments in Fiber to the home and Fiber to the premises network in Asia pacific and North America and to some extent in some western European countries, Middle east asia's growth is far less. But when compared to the previous years and taking into consideration the factors like geographical complexities and governmental restrictions in almost all the countries in the region, the growth now the region observing is promising to the Fiber optic cable manufacturers in the coming years.
Published by Kaniya
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2 Comments
Post a CommentSources of this article are different business magazines and news from telecom operators in the region.
Can you please provide the source of the data you have quoted? The article is very impressive and I would like to recommend it to the customers