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# South Africa
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NEWS PRSouth African Ambassador to Korea visits Taihan to discuss business expansion in South Africa
South African Ambassador to Korea visits Taihan to discuss business expansion in South AfricaThe South African ambassador to Korea visited Taihan's headquarters on the Nov. 1st, 2022 to discuss ways of Taihan's expanding its business in South Africa. About 10 key officials including South African Ambassador to Korea Zenani N. Dlamini, Economic Counselor of the South African Embassy in Korea Seema Sardha, Chairman of Hoban Group Kim Seon-kyu, President of Taihan Na Hyung-gyun, and Executive Director of Hoban E&C Kim Min-seong attended the meeting. The meeting lasted about an hour and a half, and the main contents of the meeting were the facility investment plan of M-TEC, the South African production corporation of Taihan, and the opportunities and plans, etc. for Hoban Group's business expansion through it.
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NEWS PRThe South African production corporation M-TEC of Taihan promotes the advancement of facilities
The South African production corporation M-TEC of Taihan promotes the advancement of facilitiesTaihan promotes the advancement of production facilities of M-TEC, a cable production corporation located in South Africa. MV/LV is a cable that is in high demand, accounting for about 90% of South Africa's underground power market. Through this investment, M-TEC plans to update MV/LV cable production facilities. Above all, M-TEC will extend the CCV (Catenary Continuous Vulcanization) line, which performs the insulation process, and reinforce the production line that specially treats the conductor surface. This investment will be completed by 2023. M-TEC expects to secure production efficiency three times or more compared to the previous production efficiency, and enhance product and price competitive edge by extending the core facilities for MV/LV cables.