The substantial investment will facilitate the establishment of a cutting-edge production facility in Sohar to manufacture advanced composite core conductors. These innovative conductors are designed to enhance energy grids' capacity, reliability, and resilience, supporting the global shift towards sustainable energy solutions.
Cinzia Farisè, Chairperson of the Board of Directors, highlighted the project's potential to broaden OAPIL's operational capacity and enhance Oman Cables' profitability and market diversification. This new facility will reinforce the organisation's presence in the international arena, especially within the rapidly expanding energy infrastructure sector.
OAPIL, founded in 2008, has established itself as a significant player in Oman's aluminium and electrical transmission markets, expanding its footprint to over 45 countries. With this latest investment, the company aims to strengthen Oman's industrial infrastructure further, contributing to the Sultanate's long-term efforts to support global energy transitions.
Oman Cables confirmed it would update the project's progress as it positions itself for emerging opportunities within the global energy landscape.
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