Industry
First South Korea-U.S. strategic investment is Texas power plant; nuclear and LNG projects also pushed
South Korea and the United States have selected three areas for their first strategic investment projects: AI power, nuclear power and LNG. The two governments announced plans for a Texas gas-fired combined-cycle power plant, a framework to build eight large nuclear reactors in the United States, and a review of an Alaska LNG project. They said related procedures were completed as follow-up steps to a July trade agreement and a November investment memorandum.