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Published online by Cambridge University Press: 07 May 2025
December 2009 was an historic month for the South Korean nuclear industry. In winning two bidding competitions to design and construct nuclear power plants in the Middle East, it dramatically signalled its arrival as an international force in the sector. The opening announcement concerned Jordan's first nuclear research reactor whilst the second, and most important, was a massive contract to build at least four nuclear power plants in the United Arab Emirates (UAE). The South Korean team was one of nine original bidders and beat off competition from France and an American-Japanese consortium from the final shortlist of three. As the USA, France and Japan account for almost half of the world's total nuclear reactors, this was an impressive achievement, especially since it will be the first nuclear power plant that Korea has exported.
[1] Christian Oliver, ‘S Korea eyes wider nuclear exports’, Financial Times, January 22, 2010.
[2] International Atomic Energy Agency (IAEA), ‘Global Uranium Resources to Meet Projected Demand’, June 2, 2006.
[3] World Nuclear Association, ‘Nuclear Power in the United Arab Emirates’, June 2009.
[4] Global Research figures, part of Kuwait's Global Investment House. Link.
[5] Nevertheless, the UAE repeatedly asked the other two consortia to reduce their prices to make them more competitive with the South Korean bid. This seems to suggest that the UAE was trying to favour the other two bidders, not wholly surprising given the close ties the UAE has had with both France and the United States.
[6] Taylor Luck, ‘Nuclear power could provide 60% of Kingdom's energy needs by 2035‘, Jordan Times, July 9, 2009.
[7] Kim Tong-hyung, ‘Korea to Build Nuclear Research Reactor in Jordan’, Korea Times, December 4, 2009.
[8] Ibid.
[9] Taylor Luck, ‘Nuclear energy to supply Jordan desalination plants’, Jordan Times, May 22, 2009
[10] Taylor Luck, ‘Nuclear power could provide 60% of Kingdom's energy needs by 2035‘, Jordan Times, July 9, 2009.
[11] Ibid.
[12] Christian Oliver, ‘S Korea eyes wider nuclear exports’, Financial Times, January 22, 2010.
[13] World Nuclear News, ‘South Korea seeks to boost reactor exports’, January 13, 2010.
[14] Richard Tanter, Arabella Imhoff and David Von Hippel, ‘Nuclear Power, Risk Management and Democratic Accountability in Indonesia’, Austral Policy Forum 09-22A, December 7, 2009.
[15] Tamsin Carlisle, ‘South Korean companies strike it rich in UAE’, The National (Abu Dhabi), March 2, 2010.
[16] Ibid.
[17] Chris Stanton, ‘UAE to sign nuclear pact with S Korea’, The National (Abu Dhabi) June 21, 2009.