Deals Counterparts

Taihan Cable Vina begins construction of 400kV extra-high-voltage cable plant in Vietnam

Development Transmission announced Vietnam Mar 11, 2026
construction
Stage
400kV-class extra-high-voltage cable plant
Project

Construction began on Taihan Cable Vina's $100M 400kV extra-high-voltage cable plant in Vietnam's Phu My 2 Industrial Park. The.

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Deal 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.
  • 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.

Source Intelligence

KEY DETAILS

The facility will be built on a 56,200 square metre site. The plant will be Taihan Cable Vina's first overseas extra-high-voltage cable production base. Once completed, Taihan Cable Vina will become the only manufacturer in Vietnam capable of producing 400kV-class EHV cables. The facility will expand EHV cable production capacity and support supply to Southeast Asia as well as markets in Europe, the Americas and Oceania.

Location
Taihan Cable Vina has begun construction of a 400kV-class extra-high-voltage cable plant in Dong Nai Province in southern Vietnam. ... will be built on a 56,200 square metre site in the Long Thanh Industrial Zone
Announcement
Taihan Cable Vina held a groundbreaking ceremony for the project at its Dong Nai facility on 11 March
COD
is scheduled to begin operations in 2027.
PARTIES MENTIONED IN SOURCE
T
Taihan Cable Vina developer

"Taihan Cable Vina has begun construction of a 400kV-class extra-high-voltage cable plant in Dong Nai Province in southern Vietnam."

T
Taihan Cable & Solution parent company

"Parent company Taihan Cable & Solution said the facility will be built on a 56,200 square metre site in the Long Thanh Industrial Zone where Taihan Cable Vina’s existing factory is located."

medium quality Enriched Mar 12, 2026

Timeline

Announced
Mar 11, 2026
Signed
Closed

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