Gyeongnam Province-NHN-HDC Hyundai Development-Kimhae City 500 Billion Won 'Investment Agreement'

Establishment of Data and R&D Center ... Creation of 500 New Jobs

Governor Kim Kyung-soo, Minister Park Young-sun of the Ministry of SMEs and Startups, Jin Eun-sook NHN Chief Executive Officer, Kwon Soon-ho CEO of HDC Hyundai Development Company, and Mayor Heo Seong-gon of Gimhae City held a signing ceremony for the establishment of the NHN Cloud Data Center on the 4th and are taking a commemorative photo. (Photo by Gyeongnam Province)

[Asia Economy Yeongnam Reporting Headquarters Reporter Kang Woo-kwon] Gyeongsangnam-do announced on the 4th that it held an 'Investment Agreement Ceremony for the Construction of NHN Cloud Data Center' at the provincial government office together with NHN, HDC Hyundai Development Company, and Gimhae City.

The investment agreement ceremony was attended by Governor Kim Kyung-soo, Minister Park Young-sun of the Ministry of SMEs and Startups, NHN CTO (Chief Technology Officer) Jin Eun-sook, CEO Kwon Soon-ho of HDC Hyundai Development Company, and Mayor Heo Seong-gon of Gimhae City.

With the signing of this agreement, NHN and HDC Hyundai Development Company will jointly develop approximately 66,350㎡ in the Bu-won district of Gimhae City and invest 500 billion KRW on a site area of about 10,000㎡.

The agreement includes ▲joint development of a 66,350㎡ (20,000 pyeong) site in Bu-won-dong, Gimhae City by NHN and HDC Hyundai Development Company ▲an investment of 500 billion KRW and establishment of a cloud data center and R&D center employing 500 people ▲creation of a smart home pilot complex based on a smart city platform ▲construction of a manufacturing data platform and cloud-based manufacturing ICT convergence service projects.

Gyeongsangnam-do and Gimhae City plan to build a cloud-based urban data center and R&D center by 2022, while also creating an R&D center for IT talent development and a smart home pilot complex.

Governor Kim Kyung-soo said, "It is very meaningful that the R&D center is being attracted along with the data center," and added, "We will strive to nurture excellent local talent by the time the center is completed through regional innovation platform projects with local universities and related companies."

Mayor Heo Seong-gon of Gimhae City emphasized, "We will do our best to create an innovative ICT future industry ecosystem centered on the cloud data center and generate quality jobs so that it can become a proud landmark of the Gimhae-type new industry."

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