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South Korean Nuclear Companies Target the Global Nuclear Reactor Construction Market
1 pages
Published by
rgunnam
South Korean Nuclear Companies Target the Global Nuclear Reactor
Construction Market
South Korean nuclear industry players foresee a potential market in the global nuclear
power plant construction.
The growing demand for energy driven...
[More]
South Korean Nuclear Companies Target the Global Nuclear Reactor
Construction Market
South Korean nuclear industry players foresee a potential market in the global nuclear
power plant construction.
The growing demand for energy driven by developing
countries such as India and China will provide the potential for the expansion of nuclear
power.
South Korean nuclear companies have already set a target of obtaining a market
share of 20% in the global nuclear power plant construction market by 2030.
In addition
to exporting nuclear reactors, the companies also plans to enter the $78bn market
globally for the operation, maintenance and repair of reactors.
The underlying reason is
that these companies perceive that there is a growing demand for overhauls and life
extensions for heavy water reactors across the globe.
The new target markets for
construction of nuclear power plants for South Korean companies are Europe, Asia
Pacific countries such as India and China, nuclear emerging countr
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nuclear,
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reactors,
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