Gaon Cable Wins First Contract for Singapore MRT Power Grid Project
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LS Cable subsidiary to supply distribution cables for rail network expansion project
EunGyu Kim
Published 2026.08.06 21:26
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Gaon Cable, a subsidiary of LS Cable & System, will participate in a Singapore Mass Rapid Transit (MRT) power infrastructure project for the first time.
The company said on Aug. 6 that it will supply approximately 60 billion won worth of distribution cables for an MRT power grid construction project commissioned by Singapore’s Land Transport Authority (LTA). The contract marks Gaon Cable’s first order since it was registered as an approved LTA vendor last year.
Singapore plans to expand its MRT network from approximately 240 kilometers today to more than 360 kilometers by the early 2030s. With new rail lines under construction and power infrastructure upgrades planned for existing routes, demand for distribution cables is expected to remain strong.
“We will continue increasing the share of overseas revenue by focusing on strategic markets such as the United States and Singapore, while improving both profitability and growth,” Chief Executive Officer Chung Hyun said.