Fact-check · Sep 30, 2026 · Donald Trump
“The Republic Of Korea They will invest up to $200,000,000,000”
TRUE
What the record shows
South Korea's government reported a $200 billion strategic investment commitment to the National Assembly on September 22, 2026, comprising: $22.3 billion Texas power plant (approved), ~$120 billion for eight nuclear reactors (under negotiation), and $54 billion Alaska LNG (under negotiation).
Sources
- South Korea advances $19.8 bn Texas power project as 1st US investment - KED Global
- "First U.S. Investment in Texas Gas Power Plant"... Nuclear and Alaska Also Planned
- Seoul selects first US investment project under $200b agreement - The Korea Herald
- Korea selects Texas power plant as 1st US investment project - The Korea Times
- Trump to unveil $200 billion investment in US projects by S. Korea, White House says - The Korea Times
- Trump set to announce $200bn in energy investments from South Korea
From: President Trump Makes an Announcement with the Secretary of Commerce
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