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GIC eyes $700m data centre development with institutional investors partners
The new project is set to take three years to build and adds to the booming South Korean marketplace where others like Goldman Sachs, Actis, Stonepeak, BlackRock, and Gaw Capital are also betting big.
By João Marques Lima
Founder and Editor, The Tech Capital
4 Mins
July 24, 2023 | 11:04 PM BST
Family photo of GIC's board. Source: GIC
Singaporean sovereign wealth fund GIC is eyeing the development of a new data centre campus in South Korea worth approximately 900 billion won (US$704.23 million).
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João Marques Lima
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