Gangwon Province Discloses KT Investment Negotiations for Wonju AI Data Center
Gangwon Special Self-Governing Province has announced that it is in discussions with KT regarding the construction of an AI data center in Wonju. This is an early stage of the recruitment process, and the final investment, project site, power supply, and permits have not yet been confirmed.
VERIFIED FACTS
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AI-DC KOREA ANALYSIS
Interpretation and the following points to verify
This development signals that investment negotiations are underway, as the company name was first disclosed during the governor’s press conference. However, Gangwon Province has explicitly stated that this is not a final confirmation. A July local news report claimed that a site in the Wonju Enterprise City was a candidate for the Wonju IDC and that a 150 MW grid impact assessment and building permit had been secured; however, we were unable to verify this through the original documents from KEPCO or the building administration office, nor through the official permit registry. Therefore, we do not register 150 MW as power reception capacity, IT load, UPS capacity, or secured power, nor do we assume that building permits have been finalized or that construction has begun. Before awarding the contract, it is necessary to verify which entity—KT or KT Cloud—is responsible for the contract, business operations, and management, as well as whether there are global co-investors and details regarding investment funds, project financing (PF), and land rights.
PRIMARY EVIDENCE
