India’s KEC International acquires transmission tower manufacturing facility in UAE – ZAWYA

India’s KEC International acquires transmission tower manufacturing facility in UAE – ZAWYA

Acquisition to help EPC contractor grow its Middle East business. The company said in a statement that the automated facility, with a total capacity of 50,000 tonnes per annum, was acquired by its wholly-owned subsidiary KEC Towers.. In a telephonic interview with Zawya on Monday, a company official confirmed that the Dubai facility would KEC's first manufacturing facility in the Middle East and its 6th worldwide, joining existing manufacturing facilities in India, Brazil and Mexico.. The Middle East, the official emphasised, is an important market for KEC.. The Middle East is expected to account for 4-5 percent of the global electricity transmission sector's investments of around $1,220-1,240 billion over the next 10 years, said the annual report, quoting the Global Transmission Report..