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Korindo Group Inks Strategic Deal on Digital Innovation

By 6 March 2025March 14th, 2025Group News3 min read

Photo: Korindo Group Vice Chairman Jinseok Mun (center), LG CNS Director Jinheon Hong, and LG Sinarmas CEO Donghyup Han pose with the signed MoU

JAKARTA – Korindo Group signed a memorandum of understanding (MoU) on digital innovation with LG Sinarmas/LG CNS Thursday (3/6). This cooperative agreement will allow both companies to combine the power and capabilities of digital innovation to achieve high-tech transformation goals and promote sustainable improvements using cutting-edge tech partnerships.

Korindo Group Vice Chairman Jinseok Mun, LG CNS Director Jinheon Hong, and LG Sinarmas CEO Donghyup Han inked the deal, which covers a range of initiatives to boost digital-based invention practices and expand business opportunities between the two sides (LG Sinarmas acts on behalf of LG CNS, hence the LG Sinarmas/LG CNS).

These actions span from information and knowledge exchange on digital innovation, digital transformation quest and collaboration backed by AI and data analysis, the development and operations of digital smart solutions (e.g. cloud, automation, IoT), to joint marketing and sales efforts aimed at expanding both firms’ digital business and creating synergy.

Korindo Group and LG Sinarmas/LG CNS also agreed on amplifying “human-to-human interaction” through seminars, workshops, and training, teaming up to activate the IT and startup ecosystem (by designing mentoring programs and projects promoting digitalization in society), as well as partnering on employee benefits programs.

“We can see this MoU as a positive step towards digital innovation improvements and technological advancement,” said Korindo Group’s IT Director Yongsung Kim.

Photo: Korindo Group Senior Vice Chairman Robert Seung chat with LG CNS President Shingyoon Hyun, Indonesia’s Presidential Advisory Council member Gandi Sulistiyanto, and other esteemed guests at the groundbreaking ceremony of SM+ Data Center (SMX01)

Meanwhile, Korindo Group Senior Vice Chairman Robert Seung attended the groundbreaking ceremony of SM+ Data Center (SMX01) in Setia Budi, South Jakarta. Accompanying him were LG CNS President Shingyoon Hyun, Sinarmas Chairman Franky Oesman Widjaja, South Korean Ambassador to Indonesia Soodeok Park, and Indonesia’s Presidential Advisory Council member Gandi Sulistiyanto.

SMX01 is an AI-ready data center geared to establish Indonesia as a tech innovation and transformation hub in Southeast Asia. It reflects Sinarmas (SM+)’s commitment to delivering a scalable, secure digital infrastructure. Developed by SM+ and LG Sinarmas as operator and tech advisor, the facility will have features that support high power requirements for high-performance computing. (PR)