South Korea continues to develop as a data hub
The South Korean government recently announced its plans to invest KRW107.6 billion (USD90.1 million) this year to build an artificial intelligence (AI) complex in Gwangju.
Set to open in 2024, the infrastructure will include a data centre and will cater specifically to the automotive and energy sectors, according to Data Center Knowledge.
Once completed, a similar project will begin in 2025, as the government aims to make Gwangju a global hub for AI.
In 2021, President Moon Jae-in said, “As the AI-based core infrastructure of the Republic of Korea, Gwangju’s AI industrial convergence complex is expected to become a forward base, helping Korea leap beyond the information and communications powerhouse in the post-COVID-19 era into an AI powerhouse.”
That said, South Korea continues to develop as a data hub as more companies invest in the nation’s capabilities to improve the digital landscape.
One such company is Digital Realty. The company recently opened a pioneering carrier- and fibre-neutral facility in South Korea, Digital Seoul 1 (ICN10), which will play a key role in accelerating AI and analytics capabilities for enterprises.
South Korea is one of the fastest-growing data centre markets in the Asia Pacific. It was the first to launch 5G along with its Smart Cities initiatives. By opening its first data centre in South Korea, Digital Realty addresses the country’s growing demand for better capacity, connectivity, and coverage.
The company also mentioned that it was going to develop a second data centre in Gimpo City.
“South Korea is one of the world’s largest economies and represents a significant opportunity to extend coverage, capacity, and connectivity options for the world’s leading enterprise customers and service providers,” said Digital Realty CEO A. William Stein told Data Centre Dynamics in 2021. “Our continued investment in the country supports the delivery of carrier-neutral solutions to enable the digital transformation strategies of local and global customers in the region,” he added.
The Property Report editors wrote this article. For more information, email: [email protected].
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