Hoban Construction Expands Cooperation with KT Engineering in Data Center Construction Business

Vice President Lee Jong-tae of Hoban Construction and Executive Director Lee Soo-gil of KT Engineering Business Division are posing for a commemorative photo.

[Asia Economy Reporter Minyoung Kim] Hoban Construction is entering the data center construction business.

Hoban Construction announced on the 18th that it has signed a "Business Agreement for Cooperation in Data Center Construction" with KT Engineering.

The signing ceremony was attended by Lee Jong-tae, Vice President of Hoban Construction, Lee Soo-gil, Executive Director of KT Engineering, and other officials from both sides. According to the agreement, Hoban Construction and KT Engineering will provide technology and experience related to the project and collaborate on construction with the goal of building data centers.

As companies' digital transformation (DX) accelerates recently, data demand is expected to surge. Both companies anticipate that this data center construction will act as a catalyst for the development of future technologies such as the metaverse (3D virtual reality) and AI (artificial intelligence).

Hoban Construction is collaborating in various fields with companies specializing in AI-based automated architectural design and real estate big data market analysis solutions to accelerate digital transformation.

Hoban Construction signed a memorandum of understanding (MOU) for digital transformation with Microsoft Korea in 2020. KT Engineering has participated in construction projects for KT’s core data centers, including the Mokdong IDC 2 Center and Yongsan IDC, starting with the KT Gimhae Data Center construction in 2011, involving new construction, expansion, and remodeling. In 2021, as part of the KT consortium, it was selected as the preferred negotiator for the new construction project of the Syntekabio AI Supercomputer Center.

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