FACTBOX — Texas power plant, nuclear projects under discussion in South Korea's US investment package

By Joyce Lee Sept 18 (Reuters) — South Korea and the United States are finalising the implementation of Seoul's pledged $350 billion investment package under a trade deal struck last year that lowered US tariffs on South Korean goods to 15%. Out of the $350 billion, $150 billion is earmarked for shipbuilding with details still being worked out for the remaining $200 billion in strategic investments. Below are details of the projects under discussion, according to media reports and a South Korean lawmaker, although the country's industry ministry has said details have not been set. Texas Gas-fired Power Plant The first project is a combined-cycle gas power plant in Encinal, Texas. The 6.3 gigawatt project aims to supply electricity to AI data centres and semiconductor plants in Texas. To reduce risk, the project is expected to be developed in stages, starting with 1.4 GW of gas turbine facilities, before later adding 4.9 GW of combined-cycle facilities, according to multiple South Korean media outlets, including JoongAng Ilbo. The two sides agreed on investment of around $22.3 billion, and the use of a bilateral special-purpose investment vehicle going forward, the reports said. Eig