POHANG, Nov. 26 (Korea Bizwire) — POSCO unveiled a plan to set up infrastructure for the supply of hydrogen in Pohang, North Gyeongsang Province where its steel mill is located, as well as to shift the transport of steel products from diesel trucks to hydrogen vehicles. The South Korean steel giant on Wednesday signed a [...]
SEOUL, June 28 (Korea Bizwire) — The Ministry of Oceans and Fisheries and the Ministry of Land, Infrastructure and Transport have joined hands to prevent population decline in fishing villages. The two government bodies announced on Sunday that they had signed a memorandum of understanding (MOU) to promote the invigoration of fishing villages as part [...]
SEOUL, Jan. 20 (Korea Bizwire) — A recent survey showed that disasters like the paralysis of public healthcare and IT infrastructure are expected to have a higher risk in the post-coronavirus era. The National Disaster Management Institute asked 100 disaster safety-related professionals to pick five disasters with a potential to be highly impacted by the [...]
SEOUL, Oct. 8 (Korea Bizwire) — South Korea needs to further expand the country’s hydrogen charging infrastructure as it lags behind advanced countries amid growing interest in zero-emission vehicles, a business association said Thursday. South Korea has emerged as a major player in technologies involving hydrogen fuel-cell electric vehicles and fuel-cell battery-based power generation in [...]
SEOUL, Jun. 18 (Korea Bizwire) — South Korea plans to spend 32 trillion won (US$27 billion) over the next four years to renovate old public infrastructure and carry out extensive safety inspections on them, the industry ministry said Tuesday. Under the project that will run from 2020 to 2023, the government plans to draw up [...]
SEJONG, Oct. 27 (Korea Bizwire) — South Korea will create an 85 billion-won (US$75.2 million) global infrastructure development fund to address the key constraints of private investment in overseas projects, the land ministry said Friday. The Ministry of Land, Infrastructure and Transportation signed an agreement with the Korea Development Bank and the Export-Import Bank of [...]
TOKYO, Sept. 20 (Korea Bizwire) — NTT Security Corporation (Head Office: Chiyoda-Ku, Tokyo; CEO: Jun Sawada), the specialized security company of NTT Group, has launched “IT/OT Integrated Security Services”. The new services will be taken to market globally through the NTT Group companies, Dimension Data, NTT Communications and NTT DATA, forming part of its suite [...]
SEOUL, Aug. 10 (Korea Bizwire) — Smokers lighting up in the comfort of their homes will no longer be able to continue in safe anonymity. On August 9, the Ministry of Land, Infrastructure and Transport announced that it had revised existing regulations to cut down on indoor smoking in residential apartments. Under the new policy, apartment [...]
SEOUL, April 25 (Korea Bizwire) – The South Korean government is making it mandatory for large vehicles to be equipped with a lane departure warning system (LDWS) as part of a nationwide effort to improve road safety, a regulation that will take effect in July. The Ministry of Land, Infrastructure, and Transport (MOLIT) announced plans [...]
SEOUL, Jan. 19 (Korea Bizwire) – South Korea’s transportation and construction ministry said Thursday that it is seeking to sign a memorandum of understanding with a development bank in Central America to widen cooperation in building infrastructure in the region. Under the deal, the Ministry of Land, Infrastructure and Transport will share know-how on infrastructure [...]