Home/Deal Room/Korea unveils 8.4 GW SK, GS and NAVER AIDC plan

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Korea unveils 8.4 GW SK, GS and NAVER AIDC plan

Government of South Korea + SK Group + GS Group + NAVER

Near-primary sourcePress release only2026-06-29
Deal structureNational AI data-center infrastructure plan / regional AI factory buildout
GeographyUlsan, Donghae, Sejong and other regional hubs in South Korea
Infrastructure layersData centers + cloud capacity + power infrastructure + chips / compute + cooling
Disclosed scaleFirst-phase plan for 8.4 GW of AI data-center infrastructure by 2029 across SK Group, GS Group and NAVER, with reporting describing roughly KRW 550T of investment including attracted capital; SK is tied to 5 GW including Ulsan, GS to 2.4 GW in Donghae, and NAVER to about 1 GW centered on Sejong, with a longer-range path to 18.4 GW by 2035

Why it matters

The strategic read

Moves Korea from individual NVIDIA DSX company announcements into a government-backed national AI data-center buildout lane. The receipt ties SK, GS and NAVER to multi-gigawatt regional AI factory capacity, power and water support, GPUaaS ambitions, and a GS Donghae site large enough to matter to power generation, construction, cooling, memory, networking and cloud-capacity supply chains.

Source-supported terms

What was disclosed

  1. 01

    Seoul Economic Daily reported that South Korea disclosed the plan at a June 29, 2026 national mega-project briefing with government and corporate leaders.

  2. 02

    The first phase targets 8.4 GW of AI data-center infrastructure by 2029 across SK Group, GS Group and NAVER.

  3. 03

    Reporting says the three companies, including attracted investment, are expected to put about KRW 550T into the first-phase AIDC plan.

  4. 04

    SK Group is associated with 5 GW of AIDC capacity, including 1 GW in Ulsan and additional regions under review.

  5. 05

    GS Group is associated with a 2.4 GW AIDC project in Donghae, Gangwon Province, with Seoul Economic Daily describing North Pyeong Industrial Complex as the site.

  6. 06

    Seoul Economic Daily reported GS expects about KRW 30T of total project investment for Donghae, rising toward roughly KRW 120T when GPUs and memory are included.

  7. 07

    NAVER is associated with roughly 1 GW of AIDC capacity centered on Sejong.

  8. 08

    The plan describes government support for power, land, water and permitting while private companies handle AIDC buildout, operations and global capital attraction.

  9. 09

    The second phase would expand SK-led AIDC capacity by another 10 GW by 2035, taking the total domestic AI data-center infrastructure target to 18.4 GW.

  10. 10

    The reporting connects the buildout to high-density power, liquid-cooling needs, GPU clusters, GPUaaS and Korea positioning itself as an Asia-Pacific AI infrastructure hub.

  11. 11

    Existing Deal Room entries already cover the primary-source NVIDIA / SK Telecom and NVIDIA / NAVER DSX announcements; this entry captures the broader same-day Korean national AIDC plan and the previously untracked GS 2.4 GW Donghae lane.

Disclosure boundary

What is known—and what is not

Near-primary Korean market reporting from a government mega-project briefing, corroborated in Google News source trails by Yonhap Infomax, Electronic Times and other Korean outlets. Public reporting discloses the government briefing context, named companies, regional targets, first-phase 8.4 GW scale, SK / GS / NAVER capacity allocations, GS Donghae site framing and long-range 18.4 GW path. Treat as a strategic government-company AI-infrastructure plan rather than a fully executed construction, power, financing or customer contract: public materials do not yet disclose full agreements, final permits, utility service agreements, PPAs, financing syndicates, EPC awards, GPU purchase orders, data-center lease terms, tenant/offtake contracts, exact phase schedules, capex responsibility by party, or binding remedies if milestones slip.