LS Eco Advanced Cables (LSEAC), a joint venture between Global InterConnection Group (GIG) and one of the subsidiaries of LS Group, a Korean cable manufacturer, has launched a five-week public consultation on plans for a £923 million subsea and onshore cable facility at the Port of Tyne in the UK.

The project is expected to create 500 direct and 1,000 supply chain jobs, with the complex located at Tyne Dock to comprise a series of buildings, including a manufacturing space, testing facilities and offices, situated around a 202-meter cable sheathing tower.