Macquarie, Gabia Unveil $410M Korea Data Hub Plan
Macquarie Asset Management, the investment arm of Australia’s Macquarie Group, has partnered with South Korean cloud and IT services provider Gabia to launch a next-generation hyperscale data centre platform in South Korea. The joint initiative involves a planned investment of 600 billion won (approximately $410 million) over the next four to six years.
The platform aims to build more than 100 megawatts (MW) of data centre capacity across major metropolitan cities and select regional hubs in South Korea, addressing rising demand for cloud computing and digital infrastructure.
Under the agreement, Macquarie Asset Management will spearhead financing efforts, including land acquisition and capital structuring. Gabia, through its dedicated unit, will oversee complete operational services, including facility design and management.
The first development under the partnership will be the 40 MW Ansan Data Center, marking the beginning of the companies’ long-term digital infrastructure expansion strategy in the country.
Source: The Economic Times
