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Establishment of Smart City Aviation City in Western Abu Dhabi (New Aviation City)

Country (trade office)	United Arab Emirates (Dubai)
Project name	Establishment of Smart City Aviation City in Western Abu Dhabi (New Aviation City)
Business Category	환경
Overseas ordering company	Greenfield Holding Investment
project schedule	(current stage) under study (March 2024) Selection (December 2030) Completed
financing	GFHI (Greenfield Holding Investment)
Scale	$20 billion
Project period	June 2023 to December 3

Main Content	Smart City 'New Aviation City Development' – Development of integrated smart city encompassing management office construction, residential unit construction, educational facility construction, medical facility construction, urban transportation hub construction, retail store construction, leisure and auxiliary facility construction, etc. *Scale: Area within 50km of western Abu Dhabi, expected to accommodate 30 people
Reason for selection	The urban export of our construction industry, which has accumulated technology and know-how for a long time in the Middle East, is expected to be a promising business opportunity. Creation of successful cases of smart city orders, a promising high value-added export field

opportunity factor	Proven project management ability and technical skills through experience in winning multiple orders for medium and large-scale construction projects Possess excellent IT competency Experience in promoting 'South Saad AI-Abdullah New City Project', a Korean smart city with Sejong City as a role model as a collaborative project between Kuwait and the government
Threats	Although there are Korean companies (SK E&C) as potential contractors, most of them are local companies, and there are many Chinese companies, so competition is fierce.
local collaboration possible company	Possible to collaborate with smart city technology company startups
Other notes	Software/hardware companies and construction companies form a consortium to set up a platform that can provide not only construction, but also total solutions such as engineering and operating systems. Participation in projects through local investment such as joint ventures, joint ventures, etc.