الرئيس التنفيذي لمجموعة "انرچيا-كابلات جدة" لـ CNBC عربية: نخطط لنصبح أول مصنع سعودي لبيع الكابلات في الولايات المتحدة

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Watch الرئيس التنفيذي لمجموعة "انرچيا-كابلات جدة" لـ CNBC عربية: نخطط لنصبح أول مصنع سعودي لبيع الكابلات في الولايات المتحدة - CNBCArabia on Dailymotion

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00:00 How much is the total value of the contracts?

00:04 The contracts are big, but the demand in Saudi Arabia is 4-5 times higher than in the Gulf.

00:17 The demand in the Gulf and the Emirates is increasing, but the demand is increasing.

00:36 The company is looking to increase its production and increase its investment. How much is the expansion?

00:46 We started the expansion in early 2023. The production increased double in Saudi Arabia.

00:53 In Egypt, the year that passed, we increased by 40%, and in 2024 we will add another 40%.

01:02 The expansion is in Egypt and in Saudi Arabia. The demand in Egypt is also very high.

01:11 In Saudi Arabia, we were producing 100,000 to 120,000 tons, and we will increase to 200,000 tons in 2024.

01:20 We will have 2000 tons of metal. We have invested more than $150 million in the expansion.

01:30 We are in the last phase of the expansion.

01:36 The expansion includes new countries. What countries will you look for?

01:40 The expansion was for the products, but we are also expanding to export.

01:47 We are also exporting to Europe. We are expanding to products and markets.

01:54 We will soon be the first Saudi factory in the United States.

01:59 We are selling our cables there. The expansion will be in the South of the country.

02:04 We are producing in all directions.

02:07 What are the conditions for the company's operations in Egypt?

02:15 The existing problems affect everyone.

02:19 But we need to export more than 50% of the production.

02:36 The export is increasing. In 2024, the production capacity in Egypt increased by 30%.

02:50 We are not stopping. We are moving forward.

02:54 The two companies in Egypt and Saudi Arabia have a strong bond.

03:04 This makes our forces aim for this difference with the competitors we have."

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