http://www.english.hadhramaut.info An Italian company (SMI) specialized in miscellaneous manufacturing factories [The Source: www.sabanews.net - 4/12/2008] An Italian company (SMI) specialized in miscellaneous manufacturing factories intends to establish an optical fiber production factory with annual capacity of (200 Mega) worth €300 million.
The company and Aden Free Zone (AFZ) signed a MOU on Wednesday in Aden governorate in this regard. According to the MOU, the AFZ to provide all necessary facilities and data to support SMI establish the project in block (L) on an area of 5 hectares.
Deputy head of Free Zones General Authority and head of Aden Free Zone Abdul-Jalil al-Shuaibi and board chairman of SMI signed the MOU.