South Korea to Build World’s Largest Data Centre

25 Feb 2025 CW Team

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+

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..