■ First in Korea to win a KRW 62 billion turn-key project from SPPG 
■ Contract won due to construction expertise and active support for the customer
 

Anyang, July 17, 2017 - LS Cable & System announced that it had won a contract to export submarine cables worth KRW 62 billion from Singapore PowerGrid (SPPG). This is the first time a Korean cablemaker will export extra-high-voltage (E.H.V.) submarine cables to Southeast Asia.
 
LS Cable & System will connect a 1.5km offshore section between Woodlands New Town in the northern part of Singapore with Johor Baharu, a resort town in the southern part of Malaysia, using submarine cables. Singapore and Malaysia are now working together to interconnect their power grids so that they will be better able to handle power loads and prevent failures.
 
This project was initiated to solve the problem of power failure in some sections of the existing submarine cables installed in 1985 as the cables have worn out over the 30+ year period.  
 
“In Southeast Asia, there is a continuous demand for submarine cables to connect insular areas. In particular, demand is increasing in line with industrial development in the region,” said Roe-Hyun Myung, President and CEO of LS Cable & System. He emphasized, “Having succeeded in winning the contract by defeating global cablemakers, LS Cable & System secured an advantageous position in the Southeast Asian market following North America, Europe and the Middle East.”   
 
The company’s active customer support to suggest solutions for construction and delivery issues played a key role in winning the contract, according to the LS Cable & System officials. LS Cable & System has built expertise by working on large-scale submarine cable projects in the U.S., Canada and Qatar as well as an offshore wind power generation complex in Northern Europe.