U.S. President Donald Trump may announce South Korean investment projects in the United States on Wednesday, according to KBS 뉴스. The reported package includes investment in an Alaska liquefied natural gas project.
Citing a breaking report, YTN said the Alaska LNG investment could be worth about $54 billion. KBS 뉴스 reported that the announcement could come on the 30th.
The timing of the first announcement on South Korean investment in the US has been delayed, and the final decision rests with Trump, according to v.daum.net. MTN 머니투데이방송 reported that the investment has not yet been finalized and that issues remain between Seoul and Washington.
Coverage of the expected projects has also pointed to a broader energy footprint. 전기신문 reported that South Korean energy companies are targeting the US market, from gas-fired power generation in Texas to eight nuclear power units.
The reports describe the announcement as possible rather than confirmed, and the specific projects and terms have not been settled publicly. The material available does not identify which companies would take part or how the investment would be structured.
What to watch next: whether the announcement takes place on Wednesday and what Seoul and Washington confirm about the projects and their value.
