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South African Ambassador Visits Taihan's Plant to Discuss Business Expansion in South Africa
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South African Ambassador Visits Taihan's Plant to Discuss Business Expansion in South Africa
- Toured large-scale cable manufacturing plant and discussed South Africa's power industry.
- Shared business plans for M-TEC, Taihan's South African production corporation.
- Vice Chairman Song: “We will enhance M-TEC’s competitiveness to drive exports across Africa.”
- Ambassador Mququ: “With South Africa's growing commitment to renewable energy, Taihan is expected to play a pivotal role.”
Taihan reinforces its leadership in the African cable market.
On April 19, Taihan (CEO Song Jong-min) announced that the South African Ambassador to Korea visited its Dangjin cable plant on April 18 to discuss strategies for expanding Taihan’s business in South Africa. The meeting was held at the plant to provide a comprehensive understanding of the cable production process and allow firsthand experience of Taihan’s large-scale manufacturing facilities.
The visit was attended by H.E. Ms. Sindiswa Mququ, South African Ambassador to Korea; Mr. Thulane Nyembe, Counsellor Political; and Mr. Kwangsu Jin, Marketing Officer. Taihan was represented by Vice Chairman Song Jong-min and Executive Director Baek Seung, Head of Corporate Management. This marked Ambassador Mququ’s first corporate visit since assuming her post in October.
During the visit, Ambassador Mququ toured the Dangjin cable plant and engaged in discussions with Vice Chairman Song regarding South Africa’s power development strategies. They reviewed the current status and future support plans for M-TEC, Taihan’s South African production corporation, including plans to expand its facilities. To enhance its production capacity, M-TEC will introduce new production lines for medium- and low-voltage (MV/LV) cables in the first half of this year, improving both volume and quality.
Further discussions covered ongoing and upcoming projects with Eskom, South Africa’s state-owned power company. The parties also explored ways to strengthen local technical expertise through training programs and workforce exchange initiatives.
Ambassador Mququ expressed appreciation for Taihan’s contributions to stabilizing South Africa’s power supply and creating jobs. She remarked, “With South Africa's growing commitment to renewable energy, including solar and offshore wind power, we expect Taihan to play a pivotal role in the sector.”
Vice Chairman Song stated, “Africa presents vast opportunities for business expansion due to its rich natural resources and skilled workforce. South Africa, in particular, is a key market given its advanced economic and educational infrastructure.” He continued, “We will strengthen M-TEC’s competitiveness to drive revenue growth in South Africa and expand exports to neighboring African countries.”
M-TEC, established in 2000 through Taihan's strategic investment, is a comprehensive cable manufacturer that supplies a wide range of power and communication cables. The company currently employs approximately 350 staff.
