TNB Cable signs MoU with Thailand’s GOV Supply
BANGKOK: Tenaga Nasional Bhd unit Tenaga Cable Industries Sdn Bhd (TCI) has inked a memorandum of understanding (MoU) with Thai-based GOV Supply Ltd (GOV) to explore business opportunities in Thailand and countries in the region.
The MoU would also enable TCI to venture into new markets in Southeast Asia.
“With almost 60 years of experience as one of the leading power cable manufacturer and cable-related solutions providers in Malaysia, TCI is poised to venture overseas.
“As such, we are engaging reputable partners in order to manage risks and related business, as well as market challenges,” said TCI managing director Amir Mahmod Abdullah after the MoU signing ceremony here recently.
The ceremony was witnessed by Malaysian Ambassador to Thailand Datuk Nazirah Hussain and Malaysia External Trade Development Corporation Assistant Trade Commissioner in Thailand Nor Azman Adam.
Amir said the arrangement would enable TCI to leverage GOV’s network, relationship and experience.
GOV chief executive officer Piya Phiryapokanont said there were a lot of business opportunities for TCI to explore, with power demand growth in Thailand and other countries in Indochina. Bernama