SC Capital Partners Group, a Singapore-based investment manager, has invested in a 40-megawatt AI data center development in Pohang, South Korea, in partnership with NeoAI Cloud.
The development has achieved several key milestones, including power approval, building permits and construction commencement. It also has secured an anchor tenant and has received strong interest for the remaining IT load. The project also secured investment from government-backed capital, securing public-sector support as a regional AI infrastructure initiative.
“The development benefits from strong underlying fundamentals and is well positioned to serve the evolving requirements of the digital economy,” said Suchad Chiaranussati, chairman and founder of SC Capital Partners. “We remain focused on identifying high-quality opportunities, particularly in South Korea, where strong policy support for AI and digital infrastructure is contributing to a favorable environment for the sector, an
