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Ansan Global Meta: Keppel's $659M 60MW Shovel-Ready AI Hub
Status: Active / Land Secured & Shovel-Ready Civil Engineering Pipeline (Tracking June 2026) | Location: 726-4 Wonsi-dong, Danwon-gu, Ansan, Banwol National Industrial Complex, Gyeonggi Province, South Korea
Project Overview
The Ansan Global Meta Data Centre is a high-profile, shovel-ready 60 MW digital infrastructure development located at 726-4 Wonsi-dong inside the Banwol National Industrial Complex in Ansan, South Korea. Formally announced on June 9, 2026, the project marks global asset manager Keppel's strategic entry into South Korea's high-growth digital infrastructure ecosystem. The acquisition was executed through its private vehicle, Keppel Data Centre Fund III (KDCF III), which secured a commanding 73% effective stake in the land-owning special purpose vehicle. Advancing cleanly into early site mobilization and architectural foundation programming in mid-2026, the development bypasses severe market entry barriers. The Seoul Metropolitan Area currently faces an acute infrastructure deficit, with a historic vacancy rate of just 1.4% and an entire 2025–2027 development pipeline that is 100% pre-leased. By acquiring a site that already holds fully approved local construction permits and active power grid allocations, Keppel circumvents the localized 12-month utility backlogs. The facility is purpose-built to absorb burgeoning generative AI processing spikes, offering scalable hardware configurations roughly 40 kilometers southwest of central Seoul.
Quick Facts Selected Details
| Field | Value |
|---|---|
| Project Name | Ansan Global Meta: Keppel's $659M 60MW Shovel-Ready AI Hub |
| Location | 726-4 Wonsi-dong, Danwon-gu, Ansan, Banwol National Industrial Complex, Gyeonggi Province, South Korea |
| Status | Active / Land Secured & Shovel-Ready Civil Engineering Pipeline (Tracking June 2026) |
| Project Type | Greenfield High-Density AI-Ready Hyperscale & Sovereign Cloud Facility |
| Commissioning | 🔒 Subscriber Intelligence |
| Total IT Load | 🔒 Subscriber Intelligence |
| Total Capacity | 🔒 Subscriber Intelligence |
| Tier Level | 🔒 Subscriber Intelligence |
City Profile
| Header | Details |
|---|---|
| City Name | Seoul |
| Population | ~9.4 million (Seoul city proper) |
| Urban Agglomeration | ~26 million (Seoul Capital Area metropolitan region) |
| Economic Profile | 🔒 Detailed city intelligence available to subscribers |
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