Taihan Cable & Solution to build $80M EHV cable plant in Riyadh, Saudi Arabia

South Korea's Taihan Cable & Solution signed an agreement with Saudi Arabia's Ministry of Investment to establish a new extra high voltage cable and copper rod manufacturing plant in Riyadh. The $80 million investment covers a 70,000 m² site, with Taihan providing 51%.

“The agreement, signed on the side lines of the Future Investment Initiative (FII) conference in Riyadh, follows the launch of the 'Global Supply Chain Resilience Initiative'”zawya.com

• 1 source
• zawya.comSouth Korea’s Taihan to build $80mln EHV cable manufacturing plant in Saudi ArabiaZawya ProjectsOct 26, 2022

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