Overview
- The deal was formalized in Gunsan with a memorandum of understanding between Hyundai, the central government and North Jeolla, witnessed by President Lee Jae Myung.
- Spending plans allocate 5.8 trillion won for an AI data center, 1 trillion won for a 200‑MW electrolysis plant, 1.3 trillion won for solar facilities and 400 billion won for a robotics cluster.
- Construction of the data center and solar arrays begins in 2027 with completion targeted for 2029, with the electrolysis and robotics facilities built in phased schedules through 2029.
- Hyundai intends to deploy up to 50,000 Nvidia GPUs at the new data center to train autonomous‑driving and robotics systems.
- The project will use about 1.12 million square meters in Saemangeum, with Hyundai projecting roughly 70,000 jobs and 16 trillion won in economic impact as ministries fast‑track permits and infrastructure.