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Egypt's cable maker El Sewedy will delay the construction of a cable plant in Libya due to the unrest in the North African country. The company had signed an agreement in 2007 with the General Electricity Co. of Libya and the Libyan Economic Development Fund to build the plant in Tripoli, owning 55% of the venture. Investment would amount to US$65M and annual capacity would be 13,600t of cable.

Monday, 28 July 2008 \nGuangdong Chigo Air Conditioner, a large-sized modern enterprise integrating the development, production and sales of household and commercial air conditioners, recently announced its agent in Egypt successfully won the contract for the Huawei correspondence station in Egypt after seven hardworking months.\n\n Huawei is said to have already achieved 12.56 billion dollars sales revenue, becoming one of the top five global telecommunications equipment producer, now with primacy globally, especially in Africa. Contracts for the correspondence station of Huawei in Egypt were mainly in the hands of Carrier for a long time, which means other brands could not compete with it and usually did not pass the test phase. Because the equipment for each station was valued at over 300 thousand yuan, the AC units could not run for a long time without a reliable capability guarantee. Right now the first set of Chigo splits is already installed in the station.\n\nThe vice president of Chigo Overseas Marketing Department , Mr. Peter Liao, said :"The success of this project means a lot for us. The intergrated ability of Chigo is already at new stage, being the supplier of a globally famous communication company. The cooperation with Huawei is meaningful for Chigo's development in the North African and African markets." For the success of the Huawei project, Huawei's subsidiaries in Libya and Sudan have also started to cooperate with Chigo, reveals the company's press release. \n\n\n

Nexans said it has been awarded contracts worth around €110 million ($113.2 million) by Libya's PEWCO (Public Electrical Works Company), to supply cables for projects to upgrade the country's power transmission and distribution infrastructure. The contracts involve the supply of over 1,000 km of high-voltage (HV) and low and medium-voltage (MV) cables. The transmission contract comprises 245 kV underground cables to be manufactured and supplied by Nexans, France and the 33 kV and 15 kV distribution cables and the optical fibre cables being supplied by Nexans Greece, with additional accessories being supplied by Nexans, Italy. Delivery and installation of the cable is expected to be complete by the end of 2013.

Indian copper miner Hindustan Copper Limited said that demand for copper and copper prices are expected to rise due to the reconstruction work in Japan after the earthquake. It was reported that Japan accounts for about 5% of global copper demand but this will increase as long as reconstruction begins. However, the global demand outlook is negatively impacted by the ongoing unrest in Libya and high oil prices.