Princeton Digital Group (PDG), a leading data center operator in Asia backed by private equity firm Warburg Pincus, announced plans to invest $700 million in its first facility in South Korea. The new campus aims to support the growing demand for data center infrastructure driven by artificial intelligence (AI) development and digital transformation efforts across the region.
The South Korean campus will serve as a key hub for AI workloads, offering advanced data processing capabilities and enhanced connectivity. This investment aligns with broader efforts by technology companies and investors to expand digital infrastructure in South Korea, which is positioning itself as a critical player in the AI and technology sectors.
The project is part of PDG’s ongoing expansion strategy across Asia, with the company emphasizing the importance of local data centers to meet rising data needs and improve service resilience. The facility is expected to boost regional data capacity and support emerging technological advancements in South Korea’s increasingly digital economy.
No specific timeline for construction or completion has been announced, but the investment underscores continued foreign and domestic interest in South Korea’s digital infrastructure development. The move is also seen as a step to facilitate AI innovation and foster economic growth within the country’s rapidly evolving tech landscape.