SEOUL, Nov. 1 (Korea Bizwire) — South Korea’s leading mobile carrier KT Corp. said Wednesday it has signed an initial agreement with Indonesia’s state-owned telecommunications network Telkom Indonesia to cooperate for a smart city project in the Southeast Asian country’s new capital. Under the memorandum of understanding, KT will share its cutting-edge technologies on quantum [...]
SEOUL, March 18 (Korea Bizwire) — The Seoul Metropolitan Government said Wednesday that it will expand the scope of ‘Smart City’ trial services this year. Since 2019, the city government has studied the effect of the smart city services by running trial programs in Seongdong and Yangcheong districts. The city plans to launch four new [...]
SEOUL, Jan. 25 (Korea Bizwire) – South Korea’s overseas aid agency has decided to support smart city technology for Hue, an ancient citadel located in Thua Thien-Hue Province in Vietnam. The Korea International Cooperation Agency (KOICA) recently announced that it had signed a record of discussion (RD) with the provincial government to help promote the [...]
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 [...]