SEOUL, Oct. 22 (Korea Bizwire) — President Moon Jae-in said Thursday that the government will invest 10 trillion won (US$8.8 billion) into South Korea’s “smart city” project nationwide by 2025, as the country aims to become a global leader in the field under the so-called Korean version New Deal initiative. The government plans to supply [...]
SEOUL, Sept. 3 (Korea Bizwire) — A new project to assign addresses to objects, spaces, and underground facilities will first start among five designated ‘smart cities’. The Ministry of Interior and Safety (MOIS) announced Wednesday that it plans to sign an agreement with various agencies to assign so-called ‘three-dimensional addresses’ in five designated smart cities [...]
SEOUL, Feb. 26 (Korea Bizwire) — A year after the Seoul Metropolitan Government designated Seongdong and Yangcheon districts as “Smart City Special Zones”, the city’s initiative to find technological solutions to urban issues is starting to pay off. The special districts are areas where new technologies and services can be applied in a real-world environment [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Korea said Sunday it will build the country’s first “smart city” in the southern port city of Busan by 2024, where all infrastructure facilities will be maintained and controlled based on big data collected through internet of things sensors. In the Busan Eco Delta City (EDC) on a [...]
SEOUL, Jul. 8 (Korea Bizwire) — South Korea will invest 500 billion won (US$425 million) in overseas smart city projects to be built by local companies as it seeks to foster smart cities as a future growth driver, the transport ministry said Monday. In partnership with local pension funds and private investors, the ministry aims [...]
SEOUL, Jul. 4 (Korea Bizwire) — South Korea is aiming to establish a presence in China’s smart city market amid a steady decline in information and communications technology (ICT) exports, the government said Thursday. At the 2019 Korea Smart City Inside China event held in the Chinese city of Xian, South Korea made clear it [...]
GLASGOW, Scotland, Apr. 16 (Korea Bizwire) — IES, the leading innovator in sustainable analytics for the built environment, has today released new cutting-edge digital twin technology that will revolutionise the smart city movement. The ICL (Intelligent Communities Lifecycle) is a platform of interconnected decision support tools that facilitate the planning, design and operation of energy [...]
SEOUL, Mar. 13 (Korea Bizwire) — The Seoul Metropolitan Government said Wednesday it will install 50,000 Internet of Things (IoT) smart sensors throughout the capital city by 2022 to collect information on fine dust, traffic and other things related to citizens’ lives. The Seoul government will also introduce chatbots to its 120 Dasan Call Center [...]
SEJONG, Feb. 8 (Korea Bizwire) — The infrastructure ministry on Friday announced three locations that will be turned into themed smart cities that will receive a total of 12 billion won (US$10.65 million) in investment. Daejeon, Gimhae and Bucheon were picked for this year in the government project that aims to improve the daily convenience [...]
SEOUL, Jan. 31 (Korea Bizwire) — The Seoul Metropolitan Government plans to designate a number of ‘smart city districts’ to resolve various urban issues with cutting-edge information and communications technology. The city announced on Wednesday that it has selected Seongdong and Yangcheon districts as the first two smart city districts. Smart city districts designated by [...]