PANews|Sep 30, 2026 14:40
[White House: Trump to Announce South Korea's $200 Billion Energy Investment Plan in the U.S.]
A White House official revealed that U.S. President Trump is expected to announce on Wednesday afternoon in the Oval Office that South Korea plans to invest $200 billion in U.S. energy projects. This includes the construction of eight nuclear power plants, investment in a power facility in Texas, and participation in Alaska's liquefied natural gas (LNG) export project. Previously, there were reports that South Korea planned to provide $54 billion in support for the Alaska LNG project. This $200 billion investment represents the first batch of projects supported under the framework of last year's U.S.-South Korea trade agreement. According to the agreement, South Korea committed to investing $350 billion in the U.S. The projects announced by Trump this time involve new investment commitments. The South Korean government has not yet publicly confirmed the specific details of this announcement.
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