South Korea to Build World’s Largest Data Centre
Technology

South Korea to Build World’s Largest Data Centre

South Korea has approved the construction of the world’s largest data centre, a project expected to generate an initial revenue of $3.5 billion. The development, estimated at $10 billion in its initial phase, has the potential to expand to $35 billion.

Located in the Jeollanam-do province, the facility will have a 3GW capacity, making it a major milestone in Korea’s technological advancements. The data center is projected to be three times the size of current hyper-scale facilities operated by major tech companies such as Microsoft, Google, and Amazon.

The initiative is being led by a partnership that includes key industry figures and Stock Farm Road. A Memorandum of Understanding has been signed with the Jeollanam-do provincial government, setting the framework for collaboration. The facility is scheduled for completion by 2028, aligning with a rapidly expanding global data center market, which is forecasted to reach $438.70 billion by that time.

The project faces industry-wide challenges, including the rising demand for energy and water resources, along with continuous infrastructure upgrades required to support evolving technology. However, its scale and capabilities are expected to strengthen Korea’s position in the global data center industry, fostering technological growth and economic benefits for the region.

Countries worldwide are accelerating data center infrastructure investments. In the U.S., Meta has committed $10 billion to a similar project, though it is expected to create only 500 direct jobs once operational. The increasing demand for large-scale data facilities underscores the critical role of such developments in the digital economy.

News source: Realty+

South Korea has approved the construction of the world’s largest data centre, a project expected to generate an initial revenue of $3.5 billion. The development, estimated at $10 billion in its initial phase, has the potential to expand to $35 billion. Located in the Jeollanam-do province, the facility will have a 3GW capacity, making it a major milestone in Korea’s technological advancements. The data center is projected to be three times the size of current hyper-scale facilities operated by major tech companies such as Microsoft, Google, and Amazon. The initiative is being led by a partnership that includes key industry figures and Stock Farm Road. A Memorandum of Understanding has been signed with the Jeollanam-do provincial government, setting the framework for collaboration. The facility is scheduled for completion by 2028, aligning with a rapidly expanding global data center market, which is forecasted to reach $438.70 billion by that time. The project faces industry-wide challenges, including the rising demand for energy and water resources, along with continuous infrastructure upgrades required to support evolving technology. However, its scale and capabilities are expected to strengthen Korea’s position in the global data center industry, fostering technological growth and economic benefits for the region. Countries worldwide are accelerating data center infrastructure investments. In the U.S., Meta has committed $10 billion to a similar project, though it is expected to create only 500 direct jobs once operational. The increasing demand for large-scale data facilities underscores the critical role of such developments in the digital economy. News source: Realty+

Next Story
Resources

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Next Story
Infrastructure Transport

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Next Story
Real Estate

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement