Development and PermittingOfficial Source Text
Confirm the schedule for the Gimpo ICN11 construction amendment contract and the contract expiration in May 2028
In a corrective disclosure by DL E&C, details regarding the revised contract amount, project site, planned IT load, and contract period for the Gimpo ICN11 project—commissioned by Digital Seoul 2—were confirmed.
VERIFIED FACTS
Key points identified in the original text
01Project Site: 6877-9, Gurae-dong, Gimpo-si, Gyeonggi-do
02Planned IT Load: 64 MW; 4 basement levels / 8 above-ground levels
03Construction contract amount: 489,059,755,158 won (excluding VAT)
04Contract period: May 25, 2025 – May 31, 2028
AI-DC KOREA ANALYSIS
Interpretation and the following points to verify
Since this is an amendment to the construction contract for the same ICN11 project in Gurae-dong, Gimpo, it has not been registered as a duplicate entry for a new center. The amount of 489,059,755,158 won is the construction contract amount excluding VAT; it is not the total project cost or the amount raised through project financing (PF). The 64 MW figure represents the planned IT load and should be distinguished from power supply capacity, UPS capacity, and current operational capacity. The contract expiration date of May 31, 2028, should not be assumed to be the date of commencement of operations or the date of completion approval.
PRIMARY EVIDENCE