PCAL, Bahra Electric sign MoU for industrial expansion

MG News | October 11, 2024 at 10:12 AM GMT+05:00

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October 11, 2024 (MLN): Pakistan Cables Limited (PSX: PCAL) and Bahra Electric have signed a Memorandum of Understanding (MoU) aimed at strengthening collaboration in the industrial and energy sectors between Pakistan and the Kingdom of Saudi Arabia.

It is worth noting that Bahra Electric is a leading manufacturer of cables and electrical goods from the Kingdom of Saudi Arabia.

The agreement focuses on the development of electrical products for the energy sector, enhancing supply chain resilience, and expanding distribution networks.

This partnership is expected to foster long-term strategic collaboration and promote industrial development, contributing positively to economic relations between the two countries.

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