Saudi Cable Company (SCC)
CREATING NEW PRODUCTS, BUILDING NEW INFRASTRUCTURE
In order to stay at the forefront of a competitive market and contribute to the Vision 2030 goal of market expansion, SCC works to create new and improved electrical products and infrastructure. Some of these are used in metal conductors, armoring, fire resistance, and smoke reduction – products with new industry specifications that encourage innovation in safe, efficient, reliable, and economical cables.
The company recently increased its capital to more than SAR 360 million through a Capital Market Authority-approved rights issue. Its Saudi Exchange listing helps make it more attractive to shareholders through improved transparency and the knowledge that follows the Saudi Exchange rules and regulations regarding disclosures.
The capital raised through the market underpins SCC’s strategy to grow its exports and expand its market reach. It aims to boost returns for shareholders and also support the national goals of growing and diversifying the Saudi economy.
SCC also continues to take its responsibilities to its employees seriously. The company’s employees come from a wide range of nationalities, which helps develop a positive working atmosphere and aids the understanding of different cultures.
Progress to excellence
Following the completion of a 132kv cable supply for the Dubai Electricity and Water Authority (DEWA), Saudi Cable Company secured two more orders from DEWA for ongoing projects (LIWAN-SOSS and DXBJANUB) via Emirates Electrical Engineering and Larsen & Tubro.
SCC had another remarkable achievement in the Bahrain region, where the company supplied a substantial quantity of 66kv Aluminum cables for an EWA (Electricity & Water Authority-Bahrain) project (Ref: Contract No. 4608/2008/3100, 220kv & 66kv Transmission Development 2007-2011, VO No.26). This was in addition to supplying some of the most prestigious projects in Bahrain during 2019, including the Bahrain International Airport project, 22kv & 66kv Cables & Accessories for Transmission Development – PHASE-4, AL FATEH UPGRADE Project, SADAD 66kv Substation.
SCC is one of the world’s top 10 producers of power and telecommunications products