NFD Korea, a data center developer and consulting firm, is developing a 300 MW AI-ready data center campus in Dangjin in South Chungcheong Province, South Korea. The company has secured the site, construction permits, and a 300 MW power supply agreement with Korea Electric Power Corporation (KEPCO) for the project.
According to an NFD press release, the campus will be built in six phases and is designed for AI training and inference workloads. The facility’s first phase is targeting a Ready-for-Service (RFS) date of Q1 2028. It will support liquid cooling and rack power densities of up to 160kW, depending on customer requirements.
Jae Woo Choi, CEO, NFD Korea, “We are at a critical inflection point for AI and cloud infrastructure demand in South Korea. With the land secured and both power and permits in place for a large-scale site, the combination of proximity to the Seoul metropolitan area, low civil complaint risk within an industrial complex, and a campus structure designed for phased expansion is what sets this project apart.”
Alongside the Dangjin development, NFD Korea is also building a multi-gigawatt pipeline of data center projects across South Korea such as an 80 MW hyperscale data center in Yongin City, Gyeonggi Province, which broke ground in September 2025 and is scheduled to enter service in 2028, although further details have not been disclosed.
According to Mordor Intelligence, South Korea’s data center market was valued at US$ 1.65 billion in 2025, and estimated to grow from US$ 1.99 billion in 2026 to US$ 5.02 billion by 2031, at a CAGR of 20.38 percent during the forecast period (2026-2031). In terms of IT load capacity, the market is expected to grow from 1.96 GW in 2025 to 6.32 GW by 2030, at a CAGR of 26.29 percent during the forecast period (2025-2030).