# Walsin Lihwa and NKT partner to build submarine cable plant in Kaohsiung

Walsin Lihwa will invest 2.7 billion NTD to establish Walsin Energy Cable System Co. Ltd and partner with NKT to build a submarine cable plant in Kaohsiung, Taiwan, with trial runs expected end of 2025 and full production by 2027.

- Type: Investment
- Announced: 2023-02-24
- Where: Kaohsiung, Taiwan, TWN
- Value: $90.0M (2.70B TWD)
- Starts operating: 2025
- Status: announced
- Products: high voltage export cables, medium voltage AC cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Walsin Lihwa Corporation](https://endata.com/companies/48526.md)
- [NKT](https://endata.com/companies/15394.md) (partner)
- [Walsin Lihwa Corporation](https://endata.com/companies/48526.md) (partner)

## Sources

- [walsin.com](https://www.walsin.com/en/%e8%8f%af%e6%96%b0%e9%ba%97%e8%8f%af%e6%93%ac%e8%88%87%e4%b8%b9%e9%ba%a5nkt%e9%9b%a2%e5%b2%b8%e9%9b%bb%e7%ba%9c%e5%bb%a0%e7%b0%bd%e7%bd%b2%e5%90%88%e7%b4%84-%e7%99%bc%e5%b1%95%e6%b5%b7%e5%ba%95/), 2023-02-24: "Walsin investing 2.7 billion NTD to establish Walsin Energy Cable System Co. Ltd and the execution of a Joint Venture Agreement."
- [subseaintel.com](https://www.subseaintel.com/news/14654), 2023-02-24: "NKT will sign a joint venture agreement with Taiwanese cable company, Walsin Lihwa, to provide technical support for the construction of the first subsea power cable factory in Taiwan."

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