Creation of a 'Global Data Center Campus' in Pohang Blue Valley Industrial Complex

A global data center campus will be established in the Pohang Blue Valley Industrial Complex in Gyeongsangbuk-do. As the first data center in Pohang, the government expects that once the data center is built for global companies, it will grow to represent the entire Yeongnam region, including Gyeongbuk.

On the 8th, the Ministry of Trade, Industry and Energy announced that it will sign a Memorandum of Understanding (MOU) with eight organizations at Hwabaekdang in Gyeongbuk Province to promote the establishment of a global data center campus in the Pohang Blue Valley Industrial Complex.

Three companies?SK Ecoplant, DCT Telecom, and KB Asset Management?plan to invest more than 1.5 trillion KRW to build a global data center campus in the Pohang Blue Valley Industrial Complex, constructing four data center buildings with a total capacity of 120 MW, including 30 MW each, by 2027. Gyeongbuk Province and Pohang City will provide facility subsidies based on investment attraction promotion ordinances.

The Ministry of Trade, Industry and Energy formed a dedicated task force (TF) with Gyeongbuk Province, Pohang City, and Korea Electric Power Corporation (KEPCO) to support local investment in this data center, holding more than seven online and offline meetings to actively assist with power supply and industrial complex occupancy support.

Cheon Young-gil, Director of the Energy Policy Office at the Ministry of Trade, Industry and Energy, said, "We welcome the investment in the Pohang Global Data Center Campus project," adding, "The government will spare no effort in providing customized policy support, including administrative assistance and power supply, through the formation of a support TF with local governments and related organizations to promote the regional distribution of data centers."

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