# LS Cable & System to build second cable plant in Donghae, South Korea

LS Cable & System will invest 40 billion won ($35.2 million) to build an additional cable manufacturing plant in Donghae, Gangwon Province, South Korea. Construction will begin in 2019 and the plant is expected to be completed by early 2021.

- Type: New facility
- Announced: 2019-03-27
- Where: Donghae, Gangwon Province, South Korea
- Value: $35.2M (40.0B KRW)
- Starts operating: 2021
- Status: announced
- Capacity: 250% increase in cable manufacturing capabilities at Donghae plant
- Products: extra-high-voltage cables, high voltage direct current cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [LS Cable & System](https://endata.com/companies/21025.md)

## Sources

- [koreatimes.co.kr](https://www.koreatimes.co.kr/business/companies/20190327/ls-cable-system-to-build-2nd-plant-in-donghae), 2019-03-27: "LS Cable & System will invest 40 billion won ($35.2 million) to build an additional cable manufacturing plant in Donghae, Gangwon Province, the cable making arm of LS Group said Wednesday."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.