📋 Tender Overview
Scope : To Build N.EX.T Hub Research Institute in Seongnam city, South Korea
POSCO Group, which owns South Korea’s largest steelmaker, plans to build a second research institute near Seoul to support the conglomerate’s three core businesses – artificial intelligence, battery materials and low-carbon hydrogen energy.
POSCO Holdings Inc., the investment holding company of the steel giant, has been designated as a company to join the soon-to-be-launched fourth industrial cluster in Wirye, Seeongnam, a city near Seoul, people familiar with the matter.
The company will build a replica of its first research institute POSCO N.EX.T Hub on a plot of 55,537 square meters at the Wirye industrial cluster. Given regulatory procedures, including obtaining a construction permit, the research center is expected to break ground near the end of 2024 with completion likely three years later.
