Sejong 'Naver 2nd Data Center' Construction on Track... Target Completion in 2022

Provided by the Administrative City Construction Agency

[Asia Economy (Sejong) Reporter Jeong Il-woong] The construction of the second Naver Data Center in Sejong (hereinafter referred to as the Data Center) is entering its main phase. The Data Center is scheduled to be completed by 2022.

The Administrative City Construction Agency announced on the 25th that it has completed the urban planning procedures, including the designation of the urban high-tech industrial complex, to support the construction of the Data Center, which was secured last October, and has officially notified this in the government gazette.

The Agency has laid the foundation for building the Data Center within the industrial complex by designating the Data Center as part of the urban high-tech industrial complex and reflecting it in the development and implementation plans (setting permitted building uses to be consistent with existing industrial facility sites within the urban high-tech industrial complex).

Additionally, simplification of administrative procedures under relevant laws is now possible, which is expected to accelerate the construction of the Data Center.

The Agency plans to sign a land sales contract with the project implementer, Korea Land and Housing Corporation (LH), and an industrial complex occupancy contract with the management authority, Sejong City, during the first half of this year.

Following this, the architectural design of the Data Center will be finalized in the second half of the year, and after going through administrative procedures such as building permits, construction will commence by the end of the year. Completion is planned for the second half of 2022.

Previously, the Agency collaborated with Sejong City and Korea Land and Housing Corporation to secure the Data Center. The total project cost for constructing the Data Center is 650 billion KRW, and it will be built with a total floor area of over 25,000 square meters.

An Jung-hee, Director of Urban Growth Promotion at the Agency, said, “We expect that the attraction of the Data Center will activate the settlement of related industries within Sejong New City. The Agency will continue to focus on attracting core companies based on administrative support to enhance Sejong City's self-sufficiency.”

This content was produced with the assistance of AI translation services.