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Search results for North Jeolla Province

Industry

Industry ministry audit lacks substance without witnesses or documents, repeats partisan clashes

A parliamentary audit of South Korea\'s industry ministry drew attention for issues including mega-projects and U.S. investment, but devolved into partisan wrangling without key witnesses or requested documents. Lawmakers said submissions were withheld despite public money being involved. The ministry repeatedly said it would check or review. Disputes also emerged over who proposed the Honam semiconductor cluster. Lawmakers questioned differing explanations over an Alaska LNG project and urged an investigation into a leaked closed-door transcript.

Finance

NH NongHyup Financial pushes new southwestern finance hub to support Jeonnam-Gwangju strategic industries

NH NongHyup Financial Group is pushing to establish a provisional “Southwestern NH Finance Hub” in the fourth quarter to support strategic industries in the Jeonnam-Gwangju Integrated Special City. The group plans to expand comprehensive financial support for key regional sectors such as AI, semiconductors and renewable energy. It selected the southwestern region as a third support base under the government’s balanced growth policy, and will use its local offices and staff to provide tailored services.

AI & Enterprise

KT Cloud begins building SGC Energy\'s Gunsan AI data centre using liquid cooling

KT Cloud said on Sept. 28 it will take part in SGC Energy’s AI data centre project in Gunsan, North Jeolla Province. The centre plans to start construction of a 60-megawatt first-phase modular facility by the end of this year and aims for full-scale operations in the first quarter of 2028. KT Cloud will act as a DBO partner and apply liquid-cooling design tailored for next-generation AI accelerators.