# 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%.

- Type: New facility
- Announced: 2022-10-26
- Where: Riyadh, Saudi Arabia, Saudi Arabia
- Value: $80.0M
- Status: announced
- Products: extra high voltage cables, copper rods
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Taihan Cable & Solution](https://endata.com/companies/40042.md)
- [Mohammad Al-Ojaimi Group](https://endata.com/companies/66112.md) (partner)

## Sources

- [zawya.com](https://www.zawya.com/en/projects/industry/south-koreas-taihan-to-build-80mln-ehv-cable-manufacturing-plant-in-saudi-arabia-nquw0zqj), 2022-10-26: "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'"

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