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LG Scion in Talks to Build Largest Data Center in South Korea
The Straits Times
|February 21, 2025
Mr. Brian Koo, whose extended family controls the LG Group, is backing the construction of a data center that aims to be South Korea's largest, making him the latest entrepreneur to enter the global AI infrastructure race.
SEOUL -
Stock Farm Road, a new venture co-founded by Mr. Koo and partner Amin Badr-El-Din, plans to build a data center with 3 gigawatts of power-receiving capacity by 2028 in southwest South Korea. Mr. Koo's investment firm, Fir Hills, has signed a preliminary agreement with Governor Kim Yung-rok of South Korea's Jeollanamdo province, the venture said in a statement on Feb. 18.
This story is from the February 21, 2025 edition of The Straits Times.
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