en.Wedoany.com Reported - South Korean AI cloud service provider NeoAI Cloud officially commenced construction of the "Gwangmyeong General Industrial Complex" data center project in Ocheon-eup, Nam-gu, Pohang, Gyeongsangbuk-do, on July 21, 2026. The total investment for the project is approximately 2 trillion Korean won (about $1.35 billion), with a planned total capacity of 300MW, to be built in two phases. The first phase, with a capacity of 40MW and covering approximately 100,000 square meters, is targeted for completion in the first half of 2027; the second phase will add an additional 260MW of capacity.

NeoAI Cloud is a South Korea-based AI cloud service and data center operator, specializing in providing high-performance computing infrastructure for AI training and inference. The project construction is led by Hyundai Engineering & Construction, a leading South Korean construction and engineering general contractor founded in 1947, with extensive experience in large-scale industrial and infrastructure projects.

Located in Gyeongsangbuk-do on the southeastern coast of South Korea, Pohang is a major steel industry and port city, previously not a primary data center hub. The launch of this project marks Pohang's expansion into the digital infrastructure sector. According to reports from the Korean Broadcasting System (KBS), the project has accumulated an investment of approximately 2 trillion Korean won to date. Specific details about potential end users have not yet been disclosed.

This data center project by NeoAI Cloud in Pohang is another major digital infrastructure initiative for the city, following SK ecoplant's announcement in September 2023 of plans to build a 120MW data center and landing station in the area. However, the progress of SK ecoplant's early planning remains unclear. With the commencement of the NeoAI Cloud project, Pohang is expected to gradually develop into an emerging data center node in southeastern South Korea.