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Korea Eximbank Funds LS Cable’s U.S. Plant

The Export-Import Bank of Korea (Korea Eximbank) is providing large-scale financial support to LS Cable & System to preempt the power grid market, which is considered a core infrastructure in the…

  • Korea Eximbank provides 300 billion won financing for LS Cable’s U.S. plant.
  • Project aims to build largest submarine cable plant in the U.S.
  • Investment targets HVDC submarine cable production capacity of 500 km/year.

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