Taihan Cable Vina begins construction of 400kV extra-high-voltage cable plant in Vietnam
Type: Development · Technology: Transmission · Country: Vietnam · Announced: 2026-03-11
Construction began on Taihan Cable Vina's $100M 400kV extra-high-voltage cable plant in Vietnam's Phu My 2 Industrial Park. The.
Analysis
Taihan Cable Vina commenced construction on its $100 million 400kV extra-high-voltage cable plant in Vietnam's Phu My 2 Industrial Park, a key capacity addition for regional transmission infrastructure. Announced on 2026-03-11, this development targets the escalating demand for advanced power solutions within Dong Nai Province and southern Vietnam. The new facility, dedicated to 400kV-class cables, enables Taihan Cable Vina to supply critical components for high-capacity power grids. This investment directly supports the modernization of Vietnam's electrical transmission network, facilitating more efficient and reliable energy distribution. Locating the plant in Phu My 2 Industrial Park provides logistical benefits for material sourcing and product delivery across the region. Taihan Cable Vina, a Vietnamese subsidiary, leverages the deep industry experience of its South Korean parent, Taihan Cable & Solution. Taihan Cable & Solution, established in 1955, recorded KRW 2.9 trillion in 2023 revenue, demonstrating its financial scale and global presence in high-voltage power and communication cables. This $100 million plant expands Taihan Cable Vina's existing production capabilities, allowing it to cater to the increasing sophistication of Vietnam's power sector. The parent company's global supply network for high-voltage cables suggests this Vietnamese expansion could evolve into a significant regional manufacturing and export hub for Taihan Cable & Solution. This commitment by Taihan Cable & Solution reflects a deliberate strategy to localize specialized manufacturing, serving specific national and regional infrastructure requirements.
Key points
- Taihan Cable Vina's new plant represents a $100 million investment.
- The facility will produce 400kV-class extra-high-voltage cables.
- Construction began in Vietnam's Phu My 2 Industrial Park, Dong Nai Province.
- Taihan Cable & Solution, the parent company, reported KRW 2.9 trillion in 2023 revenue.
- Taihan Cable & Solution was founded in 1955, bringing nearly 70 years of experience.
Counterparties
- Taihan Cable & Solution (Parent Company)
- Taihan Cable Vina (Developer)