LS Cable & System vigorously develops new global markets

LS Cable & System (CEO & Chairman: Christopher Koo) successively won contracts for important power projects in Kazakhstan and Paraguay. Accordingly, the outlook for entry into the new markets of the CIS (Commonwealth of Independent States) and South America has become bright. LS Cable & System announced on the 12th that the company had won power cable supply contracts worth $24 million from Samruk Energy, a state-operated power company of Kazakhstan (equivalent to approx. KRW 28 billion), and $9.1 million (equivalent to approx. KRW 10 billion) from ANDE (Administracion Nacional de Electricidad) of Paraguay.

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