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Alwaseeta has signed a joint venture agreement with the
The factory will occupy an area of 60,000m 2, and it will have an initial production capacity of 155,000 LED units per year.
Under the agreement, the two parties will set up the
"This agreement will aid
"It will also help deliver explosion-proof LED lighting for the oil and gas industry, and special LED lighting for commercial use, such as for street and stadium lighting, traffic signals."
The project will be implemented in two phases, with the LED manufacturing plant to be built in the initial phase and scheduled for completion by 2016.
This will be followed by the second phase, which will involve installing LED chip packaging, establishing a research and development centre, and a demonstration area.
The project's final phase is expected to be completed by 2018.
Alwaseeta is a subsidiary of
QKLC is made up of Korean LED companies and governmental institutes, such as the
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