Infrastructure Developments Will Demand More Fiber Optic Cables in Middle East's Asian Market

Middle East Asian Fiber Optic Cable Market Analysis

The Middle East's Asian market is one of the promising market for telecom service providers as well as other supporting system, equipment and cable manufacturers and distributors -- in nutshell, all those related to fiber optic technology. The coming years will observe an upswing in the growth with many of the major infrastructure projects in the region could come out of the red strip. With the fast progressing infrastructure developments in many parts of the region, telecommunication network providers are in constant effort to provide quality service to its subscribers. Many green field opportunities are opening up to the service providers.

Saudi aramco, regions one of the major oil giant had drawn up a shortlist of prequalified contractors to bid for its $6 billion worth of construction work on its proposed 400,000 barrel per day Jubail export refinery. France's Technip, Spain's TR, Italy's Snamprogetti, South Korean SK engineering & Construction, Japan's JGC corporation are the contractors for the first package of $ 1.8 billion which will cover distillation and hydro-treating.

Construction contracts are expected to be awarded by the first quarter of 2009. All the above contractors buy fiber optic cables for data communications as well as Local area networking. Fiber cable companies can expect orders from these contractors in the near future, fiberkids foresee. Another major step is by Dow Chemical, a US based company to proceed for the three of the regions major projects in Saudi Arabia, Libya and Oman.

Privatization of the state owned telecom operators are on the air in many of the middle East countries and in some it has already happened. These privatization has brought up new opportunities of technological development and has boosted fiber optic cable companies. Etisalat is planning to reap from these privatization in the region.

Middle East Asia's other major telecom multinational operators like Saudi Telecom, Orascom Telecom from Egypt, Morac telecom from Morocco and Qtel from Qatar are over shadowed by Etisalat.