wiredinUSA September 2013

INDEX

New fiber production plant

its Brazil branch. According to company directors, the estimated investment will be $5m within the period from 2013 to 2016. “Valle del Cauca will benefit from the technology transfer processes to be developed by Furukawa Electric, which is the third largest producer in the world in this field. Some of the employees contracted for the plant in Colombia will be trained in Brazil for a period of six months to later also train local personnel,” said the president of Proexport, María Claudia Lacouture.

Furukawa Electric Group is to construct an optic fiber cables production plant in Palmira, Valle del Cauca, Colombia. Pre-operational activities were expected to begin during August, and for the plant to be in production in February 2014. The plant will be the first of its kind in the region, but will be the third Furukawa telecommunications plant in South America. Furukawa has been selling structured cabling in Colombia for five years. Thedirect foreign investmentprojecthasbeen analyzed since 2011 by Proexport and Invest Pacific, together with the Furukawa through

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wiredInUSA - September 2013

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