- Huge new data center is coming to South Korea
- Construction of 3GW facility is set to be complete in 2028
- The project costs up to $ 10 billion, but can reach $ 35 billion.
Construction for the world’s largest data center has got it ahead in South Korea and is expected to bring in an initial revenue of $ 3.5 billion – with an initial project size of $ 10 billion and the potential to reach $ 35 billion.
The data center will be built in Jeollanam-Do Province and will have a 3GW capacity-there marks tremendous progress in Korea’s tech management, reportedly being able to ‘triple Microsoft, Google and Amazon.
The project was founded by LG Electronics heir to Brian Koo and Dr. Amin Badr-El-Din in partnership with Stock Farm Road, which has signed an appointment morandum with governor Kim in Jeollanam-Do Province.
Quick development
The center is set to implement the construction by 2028, at which time the worldwide market is expected to grow to $ 438.70 billion.
Despite the significant challenges such as data center development surfaces, such as a dramatic increase in energy and water consumption, as well as consistent need for infrastructure upgrades to keep up, KOO noted that the project could, ‘raises Korea and the region to a new level of technological development and Economic prosperity ‘.
Countries around the globe are developing their data center infrastructure where Meta undertakes to spend $ 10 billion to build a new project in the US – though this is only expected to generate 500 direct jobs that were once completed.
“This is more than just a technological milestone; It is a strategic leap forward for Korea’s global technological leadership, ”said co -founder Dr. Amin Bad-El-Din.
“We are incredibly proud to cooperate with Stock Farm Road and the Jeollanam-Do government to build this crucial infrastructure, creating an unprecedented opportunity to build the basis for the next generation AI.”
