# LS Cable invests $161M to build cable production tower and expand submarine cable plant

LS Cable & System is investing 185.9 billion won ($161 million) to build a fourth plant and a 172-meter high-voltage submarine cable production tower in Donghae, South Korea, boosting submarine cable capacity by 50%.

- Type: Expansion
- Announced: 2021-07-25
- Where: Donghae, Gangwon Province, South Korea
- Value: $161.0M (185.9B KRW)
- Starts operating: Apr 2023
- Status: announced
- Capacity: 50% increase in submarine cable production capacity
- Products: high-voltage submarine cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

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

## Sources

- [kedglobal.com](https://www.kedglobal.com/us/underwater-cables/newsView/ked202107260008), 2021-07-26: "LS Cable & System Ltd. is investing 185.9 billion won ($161 million) to expand its high-voltage underwater cable manufacturing facilities, including a high-rise cable production tower."

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