Miami, Florida, November 8, 2021 – Global PoleTrusion Group Corp.’s (OTC PINK: GPGC) work toward the sale and export of composite utility poles in Kenya, Uganda, Tanzania and Ethiopia has been ongoing. The company estimates sales of around 100,000 poles over three years, which would generate approximately $200 million USD in revenues.
This project represents a significant opportunity for growth for GPGC as these East African countries have prioritized the development of their energy transmission infrastructures in order to improve the availability of electricity for their citizens. While sufficient amounts of energy are being produced, the transmission network needed to deliver this electricity is not currently available.
As part of Kenya’s Big 4 Agenda and Vision 2030 program, the Kenya Electricity Transmission Company Limited (KETRACO) is planning to install over 5,000 km of high voltage electrical lines. Similar initiatives are also in place for Uganda (Energy for Rural Transformation), Ethiopia (Energy Access Project), and Tanzania.
“This project will allow us to help deliver electricity to rural areas, where it can be used to provide services for education and healthcare,” said Ramiro Guerrero, President and CEO of GPGC. “Our FRP composite poles are ideal for these remote locations. Their light weight allows us to easily transport the poles to areas that are difficult to access and they do not require the use of heavy equipment for installation.”
In order to start local fabrication, GPGC has acquired the required homologation with the KEBS (www.kebs.org), a governmental agency that provides standards, metrology and conformity assessment services. Its principal activities include the development of standards and quality control for locally manufactured products. With the establishment of the East African Community (EAC) and the Common Market for Eastern and Southern Africa (COMESA), KEBS also participates in the development and implementation of standards at the regional level. KEBS operates the National Enquiry Point in support of the World Trade Organization (WTO) Agreement on Technical Barriers to Trade (TBT). Consequently, this certification allows GPGC’s manufactured products to be compliant and sold throughout East Africa.
GPGC is currently in the process of finalizing agreements with their clients and planning for the construction of a manufacturing facility in Kenya. The company has also started the approval process for homologation in West Africa and has begun discussions with utility companies in Senegal for new projects to come in the future.
About Global PoleTrusion Group Corp.
GPGC is an engineering firm that fulfills the needs of telecommunications and utility companies, providing composite poles, towers and renewable energy solutions. Their composite structures outperform their steel, wood and concrete counterparts as they are stronger, lighter, easier to install and environmentally safe. With its advanced engineering and manufacturing capabilities, GPGC is at the forefront of providing creative and effective solutions to address the needs of utility companies around the world.
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