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UK, green growth through net zero strategy

2024-06-11T17:09:41+09:002024.05.09|Overseas Smart City News|

British government promotes policies to achieve net zero by 2050 Green growth through net zero policies in seven sectors Raise concerns about enormous implementation costs, U-turns on some policies, and prospects of companies falling short of carbon emissions targets For the first time, the Climate Change Act* was enacted, and to implement it, the Climate Change Committee (CCC) was established and a carbon neutral policy called Net-zero is being consistently pursued. Net zero refers to the emissions (+) and absorption (-) of greenhouse gases [...]

What is the current state of German e-government?

2024-05-16T10:23:10+09:002024.05.08|Overseas Smart City News|

An online approach was introduced to digitalize administrative services, but the results were insufficient. There is a possibility of cooperation with countries that have advanced e-government, so this is an opportunity for Korea as well. e-government uses information and communication technology (ICT) to automate government administrative tasks. The goal is to provide convenient information and services to citizens. In modern society, e-government improves government efficiency and productivity, enhances transparency and accountability, provides citizen-centered services, promotes economic growth and innovation, and promotes international [...]

Dutch hydrogen project trends

2024-06-12T11:06:44+09:002024.05.08|Overseas Smart City News|

수소 벨류체인 프로젝트 끊임없이 개발 유럽 수소 허브 노력 중점 네덜란드 수소 지원 정책 기후 협약(The Climate Agreement)은 네덜란드 정부의 기후 대응 정책으로, 2030년 이산화탄소 배출량을 1990년 대비 49% 감축하는 것이다. 이 협약에서는 2030년까지 네덜란드가 최소 4GW(기가와트)의 전기분해 용량(친환경 수소를 만드는 공정)을 확보하도록 규정하고 있다. 네덜란드는 2032년까지 8GW의 전기분해 용량을 목표로 하고 있다. 정부는 기후 기금 예산에 90억 달러를 확보해, 재생 가능한 수소를 더 많이 사용하도록 장려하고자 한다. [...]

A vision of a future city unfolding in Brazil, a visit to the 2024 Smart City Expo

2024-04-29T10:32:00+09:002024.04.09|Overseas Smart City News|

The future of smart cities seen through global cooperation: Sharing international cases and innovative ideas Leap toward sustainability: Urban reinvention through smart solutions Participation overview Smart City Expo Curitiba, Brazil's largest smart city event, will be held in 2024 It was successfully held from March 3 to 20 at the Cento de Evento Positivo event center in Barigui Park. [Source: Smart City Expo Curitiba website, KOTRA Sao Paulo Trade Center summary] Smart City [...]

Mexico, market opportunities seen through the 2024 Latin America Smart City Roadshow

2024-04-16T15:58:14+09:002024.04.05|Overseas Smart City News|

The second-largest smart city market in Central and South America after Mexico and Brazil. Mexico's smart city market is expected to grow by an average of 2% over the next five years. 5 Central and South American Smart City Roadshow Overview - Event name: 15 Central and South American Smart City Roadshow - Period and location: 2024 2024 2024-3 days per month / Bogotá, Mexico - Contents: Business consultations, market briefings, on-site visits, meetings, etc. - Field: Smart city, overall ICT field - Participation scale: 4 domestic companies, 8 buyers (Mexico City [... .]

Dutch digital economy showcases new technologies

2024-04-29T14:29:20+09:002024.04.03|Overseas Smart City News|

Possessing high-quality digital infrastructure technology Expanding ICT research and innovation ICT industry overview The Netherlands is a developed digital economy in Europe and has high-quality digital infrastructure. 80% of the Dutch population has at least some digital skills, which is much higher than the EU average of 54%. Many Dutch companies are taking advantage of digitalization and 80% of small and medium-sized enterprises have at least a basic level of digital strength. The Netherlands is also higher than the European average in high-tech sectors such as big data, cloud, and artificial intelligence for companies [...]

Texas to open 'smart highway' for self-driving cargo trucks within the year

2024-04-29T11:05:13+09:002024.04.03|Overseas Smart City News|

Texas, USA, plans to open a 'smart freight corridor' for self-driving cargo trucks by the end of 24 Leading the way in collaboration with self-driving infrastructure company 'Carvenu' Pilot operation planned in some sections of SH 130 north of Austin Global self-driving cargo truck market , expected to grow at an average annual rate of 32% until 17.5, reaching $53 billion. The US state of Texas plans to open the 'Smart Freight Corridor', the first highway for self-driving cargo trucks in the US, within this year. Local media in Texas [...]

Colombia Smart City Roadshow held

2024-03-18T12:59:25+09:002024.03.12|Overseas Smart City News|

Our company introduced smart city solutions to major Colombian companies and government officials. On March 3, we successfully held the Colombian Smart City Roadshow at the Bogotá Trade Center. In this roadshow, 7 Korean companies, government officials from Bogota, Cartagena, and Pasto, Colombia, and 5 buyers participated to discuss the technologies and items needed to introduce a smart city in Colombia. Key technologies discussed at the roadshow include security enhancement solutions using cutting-edge technologies such as IoT sensors and artificial intelligence, LED, and AI [...]

Japan's aging infrastructure maintenance, response to digitalization

2024-03-15T10:14:44+09:002024.03.07|Overseas Smart City News|

Maintenance of aging infrastructure is an important topic. Increasing demand for technology to supplement insufficient manpower and increase efficiency. Japanese infrastructure is aging. Japan's social infrastructure was largely built during the period of high growth in the 1950s and 70s, and is currently 50 years old after construction. Deteriorated infrastructure accounts for a significant proportion. The graph below shows the percentage of infrastructure such as road bridges, tunnels, and river management facilities that are more than 10 years old in 50-year increments, showing the overall deterioration of social infrastructure [...]

Philippines’ renewable energy revolution led by the National Renewable Energy Program (NREP)

2024-02-14T19:27:36+09:002024.02.13|Overseas Smart City News|

Pioneer of the Energy Transition: Philippines' Renewable Energy Development Strategy Policy Innovation and International Cooperation: Foundation for Sustainable Growth of the Philippines' Renewable Energy Sector Philippine Renewable Energy Trends The Philippines is rapidly emerging as a leader in the ASEAN region in the renewable energy sector. According to the latest data from Global Energy Monitor (GEM), the Philippines currently has an installed capacity of 1766 MW, ranking second in the ASEAN region after Vietnam in combined solar and wind power generation. In particular, the market size is expected to reach 2GW by 2024, and 9.8 MW by 2030 [...]

A preview of Spain’s MWC, the world’s largest mobile exhibition in 2024

2024-02-14T18:37:39+09:002024.02.05|Overseas Smart City News|

After COVID-19, the number of visitors and participating companies is increasing rapidly. Under the theme of ‘The Future Comes First,’ various latest mobile-related technologies can be seen. Overview of the 2024 Mobile World Congress (Mobile World Congress (MWC)) will be held in 2024. It will be held at the Barcelona International Exhibition Center (Fira Barcelona) in Spain from February 2th to 26th. This event, which started in 29, is considered one of the world's top three tech events along with CES in the United States and IFA Consumer Electronics Show in Germany, and has been held in Barcelona since 1987 [...]

Key smart home innovations showcased at CES 2024

2024-01-12T16:18:50+09:002024.01.11|Overseas Smart City News|

CES2024 Smart button, intelligent detection system, smart toilet... Showcasing the future of a colorful smart home Building an open ecosystem, AI, and net zero are expected to become trends The U.S. smart home market is growing rapidly The U.S. smart home market is It is growing rapidly. According to an analysis by market research firm Statista, the size of the U.S. smart home market is approximately $2023 billion in 346 and is expected to reach approximately $2028 billion in 550. In particular, the energy management field stands out [...]

EU Carbon Removal Certification System Introduction Trends and Prospects

2023-12-14T17:28:37+09:002023.12.08|Overseas Smart City News|

EU clearly distinguishes carbon reduction activities... Introduction of a carbon removal certification system Carbon removal, meaning an activity that captures carbon from the atmosphere and stores it semi-permanently outside the atmosphere Expects to expand compensation for climate change response efforts and promote private funding and investment in carbon reduction projects EU will reach climate neutrality goal by 2050 To this end, various policy bills, such as the European Green Deal, the European Climate Act, and Fit for 55, have been prepared and efforts have been made to reduce carbon emissions. However, as it is expected that it will be difficult to achieve climate goals by reducing carbon emissions alone, carbon capture and storage (CCS) and carbon removal (CDR; [...]

Hanoi City, first launch of $42 billion smart city… Completion planned for 2032

2023-11-14T15:42:24+09:002023.11.13|Overseas Smart City News|

- 270 million ㎡ area in Dongan County… BGR Group + Japan Sumitomo joint venture - Applying smart solutions to 6 sectors including energy, transportation, and education - Proceeding in 5 stages... Final 108-story financial center and complex shopping mall development [Inside Vina = Hanoi, Reporter Seungyoon Lee] The $42 billion Hanoi smart city development project jointly promoted by Japanese general trading company Sumitomo Corporation and Vietnam's BRG Group has finally been completed. The first shovel was dug. North Hanoi Smart City Development Investment (NHSC), a consortium of Sumitomo and BRG Group, held a groundbreaking ceremony for the smart city development project on the 11th [...]

Observation of the 2023 Korea-Latin America Innovation Forum (K-LAC Innovation Forum)

2023-11-14T15:30:21+09:002023.11.10|Overseas Smart City News|

An event to expand economic cooperation in the ICT field between Korea and Latin America. Active cooperation between resource-rich Latin America and Korea is expected. Event Overview At the 2023 Korea-Latin America Innovation Forum, public and private sector experts from Korea and Latin America gather to promote economic growth through innovation and trade. We supported effective and direct communication channels for promotion and strengthened partnerships, including introduction of Korean companies' technology and innovation fields. The 2023 Forum will discuss four major topics related to the 4th Industrial Revolution [...]

UAE counts down to host COP28

2023-11-15T14:11:21+09:002023.11.07|Overseas Smart City News|

The Conference of the Parties to the United Nations Framework Convention on Climate Change opens on November 30. Special efforts to preserve the Earth are expected to lead to various investments and projects. The 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) is imminent. The 28th Conference of the Parties to the United Nations Framework Convention on Climate Change to be held in the UAE. The countdown to the opening of the General Assembly (COP28) has begun in earnest on the 30th of this month. The UAE, which was selected as the host country at the end of 2021, appointed HE Sultan Ahmed Al Jaber, Minister of Industry and Technology and Chairman of Abu Dhabi's national oil company ADNOC, as UAE Chairman in January, and later HE Mariam Almheiri) [...]

Announcement of Brazil’s New Growth Acceleration Program (Novo PAC)

2023-10-12T16:55:53+09:002023.10.10|Overseas Smart City News|

The government plans to make large-scale investments in a total of 9 areas to promote economic growth and strengthen national competitiveness. It may provide opportunities for investment in infrastructure construction and equipment-related investments. History of the Brazilian Growth Acceleration Program (Programa de Aceleração do Crescimento, PAC) Brazil's federal government's growth acceleration program (Programa de Aceleração do Crescimento, PAC) is an economic policy and investment project to promote Brazil's economic growth and was launched in 1 during the first Lula government. The Growth Acceleration Program is a program that includes the federal government, major corporations, and [...]

Malaysia’s New Industrial Plan (NIMP 2030) and major industry responses

2023-10-13T11:15:50+09:002023.10.04|Overseas Smart City News|

Introduction of national and sector-level plans A reform to strengthen the foundation of Malaysia's investment ecosystem Background to the emergence of NIMP NIMP 2030 is a key component of the Madani Economy initiative, the core political philosophy of the current Anwar government, and is scheduled for 2030 years until 7. This is a white paper containing the development strategy of the manufacturing and related service industries. Since 1986, three Industrial Master Plans have been announced, and this strategy is the fourth announced. hyeon [...]

A movement to bridge regional gaps in the UK – ‘Leveling Up’

2023-10-06T18:05:26+09:002023.09.11|Overseas Smart City News|

The UK is actively pursuing policies to resolve regional gaps. There are various implications for Korea's regional balanced development project. The UK has recently been taking active steps to resolve the problem of uneven development between regions that has persisted for a long time. Through the 'Leveling Up' policy that has been implemented since 2020, mid-term goals have been established until 2030, and various tasks for regional standardization are being carried out. The problem of deep-rooted regional imbalances between regions in the UK [...]

Tanzania's infrastructure construction project shifts policy direction to public-private cooperation project

2023-10-10T09:57:49+09:002023.09.11|Overseas Smart City News|

Turning to expanding infrastructure investment and attracting public-private partnership (PPP), revising the PPP law to revitalize private sector investment. As poor social infrastructure acts as an obstacle to economic growth, the Tanzanian government established the Tanzania Development Vision 2025 and developed the Tanzania Development Vision 2025 by 1. The goal is to enter a middle-income country (per capita income of $3000) and achieve a semi-industrial status, but poor social infrastructure is acting as an obstacle to economic growth. Tanzania's 2019 global competitiveness ranking announced by the World Economic Forum (WEF) ranked 141th out of 117 countries. Among the evaluation areas, the infrastructure sector ranked only 121st, confirming that much improvement is needed. In terms of infrastructure, transportation infrastructure ranked 110th and electricity and water infrastructure ranked 122nd. The Tanzanian government is highly interested in infrastructure development through PPP projects. The need for infrastructure development is increasing not only to achieve economic growth goals, but also to meet the needs of Tanzania's rapid urbanization and rapid population growth. Accordingly, the Tanzanian government has set the construction of infrastructure such as transportation and energy as the government's top priority and has launched the Third Five Years Development Plan 3/, a development strategy to secure the competitiveness of the Tanzanian economy and improve the quality of life of the people. 5~2021/2022, FYDP III) has been established and is being implemented. The total funding required to implement FYDP III's development plan is estimated to amount to 2025 trillion Tanzanian shillings (about $2026 billion), with financing through the government's development budget expected to total 114 trillion Tanzanian shillings over the entire five-year period. (about $8000 billion), and total financing from the private sector was expected to be 469 trillion Tanzanian shillings (about $5 billion). Tanzania's government debt-to-GDP ratio (74%) is lower than the average of sub-Saharan African countries (2000%) (IMF, as of September 303), but the government budget is insufficient to finance infrastructure development projects that require large-scale investment. Doing it alone has its limitations. In particular, in a situation where external debt repayment pressure is increasing due to the recent strong dollar, building infrastructure through PPP projects not only allows the government to provide public services efficiently and effectively by utilizing the resources and expertise of the private sector, but also provides financial support to the public sector. The Tanzanian government is also very interested in attracting capital through PPP projects because it can lower the burden. According to FYDP III, 40% of the private sector financing, or 6000 trillion Tanzanian shillings (approximately $166 billion), is planned to be procured through public private partnership (PPP). Meanwhile, at the opening ceremony of the five-day strategic workshop in May this year, where heads of nine Tanzanian institutions* and global investment experts in the PPP field gathered together to exchange experiences in attracting capital investment, David Kafulila, Director of PPP at the Ministry of Finance of Tanzania, said that the Tanzanian government is planning to implement the plan by 40.13/55.52. It has been stated that it is still achievable to attract 23 trillion Tanzanian shillings (approximately $9 billion) of capital through PPP by fiscal year 51. As of May 21, there are 90 PPP projects identified, most of which are in the road construction, power generation, and transmission sectors, of which 5 projects are in the feasibility study stage. The four projects currently open to the market are △construction of a 9km highway between Kibaha-Chalinze-Morogoro △Kilimanjaro, Dodoma, and Singida regions. Construction of a Bus Rapid Transit (BRT) system [...]