PR
(From left: Yong-dohan Yang, Ambassador of Korea to South Africa; Head of R&D, Eskom; Young-soo Shin, CEO of M-TEC; Jun-seok Kim, Vice President of Taihan; Dae-heon Kim, Executive President for Corporate Planning at Hoban Group; Lester Bouah, Chief Director for Energy at DTIC; Anna Mokgokong, Executive Chairperson of CIH; Joe Madungandaba, CEO of CIH)
(From left: Jun-seok Kim, Vice President of Taihan; Anna Mokgokong, Executive Chairperson of CIH; Joe Madungandaba, CEO of CIH; Dae-heon Kim, Executive President for Corporate Planning at Hoban Group)
Taihan’s South African Subsidiary M-TEC Completes Expansion of Power Cable Plant
- Production capacity doubled with the addition of state-of-the-art CCV insulation facilities
- Expansion enhances product quality, price competitiveness, and accelerates local project execution
- “We will expand power infrastructure exports across Africa, with South Africa as a strategic hub”
Taihan has expanded its production capabilities to strengthen its competitiveness in the African market.
Taihan held a completion ceremony on the 22nd (local time) for the expansion of its power cable plant at M-TEC (Malesela Taihan Electric Cable), its production subsidiary in South Africa.
The expansion was undertaken to meet growing demand for medium- and low-voltage (MV/LV) cables, which account for over 90% of South Africa’s underground power market.
This involved the addition of a Catenary Continuous Vulcanization (CCV) line, a state-of-the-art insulation facility.
This investment is expected to more than double M-TEC’s MV/LV cable production capacity, while further strengthening its quality and cost competitiveness.
The completion ceremony was attended by Lester Bouah, Chief Director for Energy at South Africa’s Department of Trade, Industry and Competition (DTIC), representatives from Eskom, partner company CIH, Yong-dohan Yang, Ambassador of Korea to South Africa, Dae-heon Kim, Executive President for Corporate Planning at Hoban Group, Jun-seok Kim, Vice President of Taihan, and Young-soo Shin, CEO of M-TEC.
A Taihan official stated, “Through this investment, M-TEC will actively respond to expanding local demand while broadening exports across Africa. As a comprehensive wire and cable manufacturer, we will continue to strengthen our competitiveness in power cables, overhead conductors, and trolley wires, contributing to the stabilization of South Africa’s power network.”
Established in 2000 as a joint venture between Taihan and local partners to enter the African market, M-TEC has built strong trust by supplying a diverse portfolio that includes MV/LV cables, overhead conductors, trolley wires, and communication cables.Based on this foundation, the company achieved sales of KRW 123.9 billion last year, representing a growth of approximately 33% compared to 2023.
