LS Cable Scores Singapore Subsea Cables Deal

Korean-based cable specialist LS Cable said it has won a contract from Singapore Electric Power Company for submarine cables worth some 62 billion won (approximately $55 million).

According to the company, this is the first case in which South Korean firm export ultra-high voltage submarine cables to Southeast Asia.

LS Cable will provide submarine cables for the 1.5 kilometers link between Singapore’s northern new town of Woodlands and Malaysia’s southern resort town of Johor Bahru.

The project is intended to replace the submarine cables laid by French cable companies in 1985, over the past 30 years, some of which have been worn out and some of which have already been shut down, LS Cable explained.

“The demand for submarine cables connecting Southeast Asia is continuously growing, and the demand for Southeast Asia is growing, especially as the industry develops,” Myung Roe-hyun CEO of LS Cable said. “By successfully winning this contract in a competition with leading global cable companies, we will be able to gain a favorable position in Southeast Asia.”

Share this article

Follow Subsea World News

Events>

<< Nov 2017 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

Underwater Intervention 2018

UI 2018 will draw the industry’s leaders from across the country and around the globe to gather for 3 days of networking…

read more >

OFFSHORE DECOMMISSIONING CONFERENCE 2017

The conference will build upon previous sell-out events and will encompass numerous keynote sessions all focused on the latest decommissioning…

read more >

Subsea Connect Americas

Subsea Connect Americas is the annual gathering for the submarine communications industry operating in North, South & Central America…

read more >

Future Energy Asia Exhibition & Conference (FEA) 2018

The transformation and development of Thailand is a major priority for the government which creates incredible business opportunities…

read more >