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South Korea to make new 200 billion dollar investment in US, President Donald Trump makes major announcement, thousands of jobs will be created.

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Information shared after meeting with President Lee Jae-myung in New York: Alaska LNG and Texas power projects to bring new revolution to American energy sector

01 Oct 2026 | 07:55 AM By Prime Echo News
South Korea to make new 200 billion dollar investment in US, President Donald Trump makes major announcement, thousands of jobs will be created.
Prime Echo News:-

Washington/New York: United States President Donald Trump shared a special post on his official social media platform Truth Social, sharing details of a historic agreement for the country's energy, power, and manufacturing sectors. President Trump stated that during an important bilateral meeting in New York with South Korean President Lee Jae-myung, both nations reached a full consensus to bring over 200 billion dollars in new investments to the United States.

The President wrote in his post that this new investment is part of the 350 billion dollar Korea Strategic Trade and Investment Agreement agreed upon with the South Korean leadership last year by his administration. Trump stressed that he is turning South Korea's investment commitments into real construction projects on the ground, which will create thousands of great jobs for American workers.

President Donald Trump shared details of three major energy projects to be launched under this investment in his post:

1. 120 billion dollar nuclear energy program:

The United States and South Korea are moving forward together on a 120 billion dollar program to build eight large-scale nuclear reactors on American soil. Under this project, six Westinghouse AP1000 reactors and two Korean APR-1400 reactors will be constructed. These eight new reactors will provide uninterrupted baseload power to the US electric grid and strengthen the nation's energy security.

2. 50 billion dollar Alaska LNG project:

Both countries have decided to jointly start work on the massive Alaska LNG project valued at 50 billion dollars. This project will put the state of Alaska's vast natural gas resources to use and build new gas infrastructure through American workers, proving transformative for the people of Alaska.

3. 22 billion dollar natural gas power project in Texas:

The third major step is setting up a 6.4 gigawatt natural gas-based power project in Encinal, Texas, at a cost of 22 billion dollars. This project will provide a massive amount of dependable power supply to the Texas region.

Strong foundation for future generations:

President Trump said these are projects that will reshape the map of America for generations to come. They will bring more electricity, more construction, more manufacturing, and complete energy security across the country. He noted that these projects will power the trillions of dollars in investments that have entered the United States during his tenure, including advanced manufacturing, semiconductors, and all major future industries. Trump concluded by stating that these agreements bring real investment, real projects, real capacity, and real jobs to America, and that America is once again moving fast on the path of building.

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