Cuba to export cables to Latin America
- Submitted by: admin
- International
- South America
- Business and Economy
- 05 / 07 / 2007
Cuba is investing in its iron-and-steel industry to export high added value products to Latin America and the Caribbean, like electric and telephone cables.
Engineer Hector Torres, director of the electricity and phone cable company, said the exports would go to Jamaica, Colombia, Honduras, Mexico, Venezuela, Dominican Republic, Haiti and Guatemala.
The investment will double Cuba's current 6,000 ton copper and aluminum production and includes modernizing the line of cable coverings and cable knitting.
Installing the highly-efficient technology would improve productivity and rescue traditional products as well as sell protected wiring.
The Eleka plant, the largest of its type in the Caribbean Basin, is located in San Antonio de las Lajas and meets domestic socio-economic demands, such as for the electricity saving Energy Revolution.
Source: Prensa Latina
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