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South Korea’s push to lead in nuclear reactor sales

South Korea Making Major Nuclear Power Plant Push in Middle East ONLINE BUSINESS NEWSPAPER January 20, 2010 EIN PRESSWIRE/ South Korea and its corporations are making major inroads in the Middle East to build nuclear power plants in the region.

The country and Daewoo have reportedly signed a deal with Jordan to build an atomic research reactor for $178 million. This contract comes on the heels of a deal worth $40 billion to build nuclear power plants in the United Arab Emirates. Next up for the country is a potential order from Turkey that could be worth as much as $3.5 billion.

South Korea’s aspirations don’t stop there. It wants to secure $400 billion in orders for nuclear power plants by 2030.

South Korea Making Major Nuclear Power Plant Push in Middle East

January 20, 2010 - Posted by Christina Macpherson | business and costs, South Korea | antinuclear, nuclear, nuclear secrecy