Taihan Cable & Solution will build its first overseas ultra-high-voltage electric cable facility in southern Asia. The Korean manufacturer sees strong potential in the region’s rapidly growing electricity market. Therefore, the project will target both domestic demand and international export opportunities. It will move forward through an expansion of Taihan Vina’s existing facility in Dong Nai province.
The company will invest 75 billion won to upgrade and enlarge its current operations. As a result, this investment will create the country’s first production site for cables exceeding 400 kilovolts. These cables are essential for modern power grids that must handle high capacity and long-distance transmission. Consequently, the new cable plant will enhance Taihan’s ability to compete in both regional and global markets.
Electricity demand in the host country is climbing quickly due to industrial growth. According to government estimates, annual growth will range between 10 and 12 percent in the coming years. This surge is driven by foreign manufacturing investments and large-scale infrastructure projects. Therefore, opportunities for advanced cable suppliers like Taihan are expanding at a fast pace.
Producing locally will allow Taihan to reduce costs and improve delivery times. In addition, shipping heavy ultra-high-voltage cables from Korea can be expensive and slow. By manufacturing on-site, the company can respond faster to project needs. Consequently, this approach will help it secure more bids in the national energy sector.
Beyond the local market, the cable plant will become a major export hub. Moreover, Taihan plans to serve Europe, North America, and Oceania from the site. Its strategic location on global shipping routes makes this expansion practical and cost-effective. Furthermore, the country’s 17 free trade agreements will significantly boost export competitiveness.
The location offers several advantages for such a high-value manufacturing investment. In particular, strong infrastructure and a supportive industrial environment create favorable conditions for growth. Additionally, the geographical position allows Taihan to link efficiently with global supply chains. These factors will strengthen Taihan Vina’s role in the company’s global expansion strategy.
The cable plant will mark a turning point in Taihan’s growth path. It will also improve the local power grid while opening doors to new markets. By targeting both domestic and export sales, Taihan can diversify income streams. Consequently, this will make the company more resilient to regional economic shifts.
