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Competitivness of the Saudi Cable Industry by Talal K. Idriss, CEO of Bahra Cables

2015-08-18 98 Dailymotion

Talal K. Idriss, CEO of Bahra Cables talks about Saudi cable industry and its competitivness. <br /> <br />He says, "Saudi Arabia has a huge capacity to produce cables, much more than what Saudi Arabia needs. That extra supply is going into the GCC, Africa, going all around. There is a huge drive. We have one recent contract in Iraq, in Nigeria, in Ghana and of course in GCC, but we do that on a daily basis. So, around the world, the Saudi Arabia cable manufacturing industry represents about maybe 3% to 4% of the whole cable manufacturing, which is much more than what Saudi Arabia should represent. <br /> <br />Chinese bid against us for cables in the government tenders. They haven’t won anything since Indians bid against us. We are usually 30% cheaper than Chinese bid for cables. It is not like 2% or 3%. That’s one thing, that’s our business, that’s what we know. If we look at other items in our electrical business, because Bahra Cables is slowly becoming Bahra Electric." <br /> <br />Interview: http://www.marcopolis.net/bahra-cables-one-of-the-largest-cable-companies-in-saudi-arabia.htm?highlight=WyJjYWJsZXMiXQ==

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