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Cartis diligence evidence schedule

NAVER GAK Sejong Data Center

PRJ-0345 · Site · Sejong City, South Korea

Record last updated Oct 28, 2026

Scope and capacity

The physical six-phase NAVER Cloud campus opened in 2023. Campus electrical design and hosted DSX deployment capacity are separate scopes. NAVER GAK Sejong Data Center is located in Sejong City, 30, KR and is a data center campus in partially operational status.

Headline: Not established in published records

Numbers refer to their stated physical boundaries and are not added together. Source dates, claim dates and record updates have different meanings. Missing dates and locators are not inferred.

Campus site area · 294,000 square metres

Actual · NAVER GAK Sejong Data Center (Project)

Claim 32118 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. NAVER opens GAK Sejong data center

    NAVER · Document date: Nov 8, 2023 · Primary

    Source reference: SRC-1797 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.navercorp.com/media/pressReleasesDetail?seq=2315

Planned phase count · 6 phases

Actual · NAVER GAK Sejong Data Center (Project)

Claim 32119 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. NAVER opens GAK Sejong data center

    NAVER · Document date: Nov 8, 2023 · Primary

    Source reference: SRC-1797 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.navercorp.com/media/pressReleasesDetail?seq=2315

  2. Tech giant NAVER's new hyperscale data center

    Cummins · Document date: Not stated · Corroborating

    Source reference: SRC-1799 · Recorded authority: Party primary

    Source URL

    https://www.cummins.com/en-na/case-studies/tech-giant-navers-new-hyperscale-data-center

Operating phase count at opening · 1 phase

Actual · NAVER GAK Sejong Data Center (Project)

Claim 32120 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. NAVER opens GAK Sejong data center

    NAVER · Document date: Nov 8, 2023 · Primary

    Source reference: SRC-1797 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.navercorp.com/media/pressReleasesDetail?seq=2315

Buildout server capacity · 600,000 servers

Actual · NAVER GAK Sejong Data Center (Project)

Claim 32121 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. NAVER opens GAK Sejong data center

    NAVER · Document date: Nov 8, 2023 · Primary

    Source reference: SRC-1797 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.navercorp.com/media/pressReleasesDetail?seq=2315

  2. Tech giant NAVER's new hyperscale data center

    Cummins · Document date: Not stated · Corroborating

    Source reference: SRC-1799 · Recorded authority: Party primary

    Source URL

    https://www.cummins.com/en-na/case-studies/tech-giant-navers-new-hyperscale-data-center

Buildout storage capacity · 65 exabytes

Actual · NAVER GAK Sejong Data Center (Project)

Claim 32122 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. NAVER opens GAK Sejong data center

    NAVER · Document date: Nov 8, 2023 · Primary

    Source reference: SRC-1797 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.navercorp.com/media/pressReleasesDetail?seq=2315

Electrical receiving voltage · 154 kV

Actual · NAVER GAK Sejong Data Center (Project)

Claim 32124 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. GAK Sejong

    SPACE Magazine · Document date: Not stated · Primary

    Source reference: SRC-1798 · Recorded authority: Party primary

    Source URL

    https://vmspace.com/eng/project/project_view.html?base_seq=MjgwMg%3D%3D

Campus opened · 2023

Actual · NAVER GAK Sejong Data Center (Project)

Claim 32125 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. NAVER opens GAK Sejong data center

    NAVER · Document date: Nov 8, 2023 · Primary

    Source reference: SRC-1797 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.navercorp.com/media/pressReleasesDetail?seq=2315

Current operating IT load public · False

Actual · NAVER GAK Sejong Data Center (Project)

Claim 32126 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. NAVER to Build AI Infrastructure with NVIDIA DSX

    NVIDIA · Document date: Jun 7, 2026 · Corroborating

    Source reference: SRC-1793 · Company announcement · Recorded authority: Party primary

    Source URL

    https://nvidianews.nvidia.com/news/naver-ai-infrastructure

  2. NAVER opens GAK Sejong data center

    NAVER · Document date: Nov 8, 2023 · Primary

    Source reference: SRC-1797 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.navercorp.com/media/pressReleasesDetail?seq=2315

Counterparties and capital

Financial Services Commission of Korea · Government authority · CMP-0875

Korea Development Bank · Lender · CMP-0877

NAVER Cloud · Operator, Owner · CMP-0874

Public Growth Fund · Lender · CMP-0876

Public policy loan

₩400,000,000,000 · Apr 15, 2026

Policy loan for GAK/AI data-center expansion; reported as KRW340 billion strategic-industry funds plus KRW60 billion KDB participation.

Korea Development Bank (Policy lender participant) · NAVER Corporation (Sponsor) · Public Growth Fund (Policy lender)

Financing record 89; claim-specific source links appear in the exhibit sources where published.

This schedule captures public Cartis research. It is not a title, lien or legal-opinion report. Document page/section locators and claim review timestamps are included only when published; this version has no separate locator or claim-review-time feed.