12 Hrs
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المشهد العربي
South Korea and US Invest $22B in Texas
The article concerns South Korea and the United States investing approximately $22.3 billion in a gas project in Texas, marking the first Korean investment within the bilateral trade agreement. The project aims to build a 6.3-gigawatt gas plant to support AI-based data centers. It is part of a broader investment package agreed upon last year, which includes injecting $350 billion into the U.S. economy in exchange for trade advantages. Additionally, South Korea is considering other projects in the United States, such as nuclear power plants and liquefied natural gas facilities in Alaska.
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