International telecommunications hardware specialist has announced a $11 million expansion to its Dee Why fibre manufacturing facility in New South Wales.

 

The National Broadband Network Co (NBN Co) has welcomed the decision, with CEO Mike Quigley hailing the commitment to keep as much fibre manufacturing in Australia as possible.

 

"The expansion came about after a commitment was made to source approximately 80% of the value of the NBN Co Prysmian cabling contract within Australia," Mr Quigley said.

 

"It's great to see Prysmian, a global manufacturer of telecommunications cabling, investing here in Australia due to the Federal Government's decision to build the National Broadband Network," he said.

 

The expansion of the facility comes after the company was awarded a $300 million contract to provide cabling for the NBN project.

 

On top of the multi-million dollar investment, the five-year contract also secures job certainty for approximately 100 existing staff within the Dee Why facility, with the potential for up to 50 additional jobs to be created as the project ramps up.