ICT manufacturing company invests millions in Dube TradePort facility

In a multi-million rand investment deal, the National Association of Manufacturers in Electronic Components (NAMEC), in partnership with one of China’s largest manufacturers of Set Top boxes, is set to launch a Set-Top-Box (decoder) manufacturing facility at Dube TradePort.
Namec Technologies is the first black-owned and managed ICT manufacturing company in Africa, according to the company's chief executive officer, Vijay Panday, who added that it had plans in place to export its Set-Top-Boxes to the rest of Africa from the Dube TradeZone-based facility. The estimated market size exceeds 100 million devices as the world gears up for migration from analogue to digital, with transition effective June 2015.
Namec Technologies has spent the past three years thoroughly investigating the market in the Far East to establish how best to ensure its competitiveness in the field. Now, working in partnership with Skyworth Digital, a Chinese company and subsidiary of the Skyworth Group, Namec Technologies has initiated a R60-million investment, developing a 15 230 square metre site within Dube TradeZone to accommodate an 8000 square metre manufacturing facility for the production of set top boxes and consumer electronic products.
Namec is vying for the state-issued contract to supply Set-Top-Boxes in support of digital television's transition and migration across South Africa and the African continent.