The joint venture, named Taihan Kuwait, was established in partnership with Rank General Trading & Contracting Co., a prominent local construction and trading firm. The factory, located in the Mina Abdullah Industry area southeast of Kuwait City, spans about 5,000 square meters.
Equipped with production and testing machinery identical to Taihan's Dangjin cable plant in Korea, the facility is set to commence operations in mid-September following product certification.
The move comes as global demand for fiber optic cables surges, driven by the expansion of 5G infrastructure supported by Internet of Things (IoT) and artificial intelligence (AI) technologies.
"Taihan Kuwait is expected to play a crucial role as a production base for fiber optic cables not only in Kuwait but also in other Gulf Cooperation Council (GCC) countries," said Ziad Abdullah Al-Najem, undersecretary of Kuwait's Ministry of Commerce and Industry. Kuwait anticipates a rapid increase in fiber optic cable demand as it ramps up its long-term national development plan, Kuwait Vision 2035.
Song Jong-min, Taihan's vice chairman, said, "Taihan Kuwait will expand its market dominance by supplying top-quality fiber optic cables through advanced technology transferred from Taihan and skilled engineers."
Taihan aims to leverage its five-decade-long presence in the Middle East to extend its market reach to neighboring GCC nations, including Saudi Arabia and Qatar.
The company’s executives are scheduled to visit Saudi Arabia following the Kuwait plant inauguration to inspect their high-voltage power equipment production facility there and discuss future expansion strategies with local partners.