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Iran opens second fibre-optic cable plant

TEHRAN, Iran, May 25 (UPI) -- Iran has inaugurated a $2.3 million fibre-optic cable plant described as the first of its kind in the Middle East.

An official of the Energy Ministry said in published remarks today that the plant with a production capacity of 1,000 km of cables per year was inaugurated this month in the Karj neighborhood, near the capital,

Tehran.

The official said the plant was the first of its kind to be established in the Middle East region and relies on raw materials produced in Iran and others imported from abroad.

He noted that the price of one meter of these cables is between $8 and $10 in world market while its price locally does not exceed $3.70 per meter, ``which means that its production in Iran will spare the country a big amount of hard currencies, especially that the whole region would benefit from such a new kind of cables.''

The official said the plant, whose construction cost reached $2.3 million, will start operating with a 50 to 60 percent capacity that would increase in the coming two years.

This is Iran's second fiber-optic cable plant. The first is the Shahid Ghandchi communication cables company, in Yazd.

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