| Nexans, France, a world leader in the cable industry, has recently been awarded a �1.5 million contract by Taejung Electric Construction Co. Ltd, Korea, for the supply of signal cabling for KORAIL, the Korean National Railroad. Nexans will deliver Balise cables for the automatic train protection project, which started in June 2004 and will be completed towards the end of 2006. Cables will be installed for the first time along two main routes: Seoul/Busan and Seoul/Yeosoo, helping to modernise Korean rail infrastructure and improve safety. The manufacturing know-how will be transferred from Nexans IKO to Nexans Korea.
�I am very pleased that Nexans Korea wins this contract. This Balise cable will contribute to the up-grade of the signalling system in the Korean railroad. I am confident that our customer will be satisfied with our cable and this signal modernisation project will spread to other railroads in the future�, commented Mr Yoon Yong Song, president of Nexans Korea. Nexans brings an extensive range of advanced copper and optical fibre cable solutions to the infrastructure, industry and building markets. Nexans cables and cabling systems can be found in every area of people�s lives, from telecommunications and energy networks, to aeronautics, aerospace, automobile, railways, building, petrochemical, medical applications, etc.
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