SK to Invest 800 Billion KRW to Build 'AI Data Center' in Daegu Suseong Alpha City

On the 4th at 2 PM, Daegu City signed an investment and cooperation agreement at the Sangyeok Government Complex with SK㈜ C&C (President Yoon Poong-young), SK REITs Management㈜ (CEO Shin Do-cheol), and Ato Research㈜ (CEO Jung Jae-woong) to revitalize the ABB industrial ecosystem in Daegu Suseong Alpha City.

SK㈜ C&C is a leading domestic digital solution company with annual sales of 2 trillion KRW (2022) through IT service supply businesses such as artificial intelligence, cloud, big data, and blockchain both domestically and internationally. Together with SK REITs Management㈜, a specialized asset management and investment company, and Ato Research㈜, a promising cloud solution company, they plan to build an AI Data Center (AIDC) in Suseong Alpha City.

(From left) Shin Do-cheol, CEO of SK REITs Management, Hong Joon-pyo, Mayor of Daegu, Yoon Poong-young, President of SK C&C, and Jung Jae-woong, CEO of Atoriseoch Co., Ltd., are signing an investment and cooperation agreement to revitalize the ABB industrial ecosystem in Suseong Alpha City, Daegu.

The AI Data Center will be built and operated entirely with private capital, investing approximately 800 billion KRW, with a total power capacity of 40 MW, a site area of 9,917㎡ (3,000 pyeong), and a total floor area of 29,700㎡ (9,000 pyeong).

Through this investment and cooperation agreement, SK㈜ C&C will oversee the overall construction and operation of the data center and actively participate in various projects to support local companies' AI-based cloud transformation. SK REITs Management㈜ will handle the financing necessary for the construction of the AIDC as an asset management company, and Ato Research㈜ will provide service support for the conceptual design, construction, and operation of the AIDC, as well as be responsible for discovering and executing various joint research projects and businesses.

The attraction of this data center is expected to invigorate the local data industry, expand new business opportunities, and play a pivotal role in the success of the preliminary feasibility study project for the ‘National Digital Innovation Zone Creation,’ jointly planned and promoted by the Ministry of Science and ICT and Daegu City.

Daegu City plans to develop this agreement into a representative model of digital co-growth for local companies based on collaboration with large corporations. To this end, they will collaborate to establish and operate an AI R&D center, startup support, and AI education programs utilizing SK㈜ C&C’s business innovation resources, fostering a digital innovation ecosystem where R&D, startup and venture growth, and talent development in the ABB sector organically circulate in a virtuous cycle.

Hong Joon-pyo, Mayor of Daegu City, stated, “The attraction of this private data center will be a solid infrastructure for the success of the preliminary feasibility study project to establish Suseong Alpha City as the largest digital innovation hub outside the metropolitan area,” adding, “We will spare no administrative or policy support necessary for data center permits and construction to ensure related projects proceed in a one-stop manner.”

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