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Ulaanbaatar City Smart Transportation Transportation System Construction

business overview

Country (trade office) Mongolia (Ulaanbaatar)
Project name Ulaanbaatar City Smart Transportation Transportation System Construction
Business Category Transportation/Logistics
Overseas ordering company Mongolia Ulaanbaatar city
project schedule (Phase 1) 2021-2023
(Phase 2) 2024-2027
(Phase 3) 2028-2031
financing National and local budgets, foreign loans
Scale $3 billion
Project period ~2031

Detail

Main Content
  • Introduction of a smart system using advanced technology to solve the current problems of transportation in Ulaanbaatar, such as traffic safety, congestion, and inefficiency in the logistics and transportation sector
    – To implement 'Intelligent Transport systems' (ITS-Intelligent Transport systems) for vehicle registration and recognition automation, AI-based traffic operation, monitoring, and monitoring
  • The intelligent transportation system construction project includes transportation system operation system, traffic light adjustment system, RFID recognition system, parking space, public transportation, and taxi management system
    – E-POLICE system development
    – 120 mobile cameras installed
    – 600 installed 600 general cameras
    – 104 RFID cameras installed
    – Complete traffic lights at 50 intersections
    – 112 intersection signal automation
Reason for selection
  • Smart city and transportation related projects can utilize our technology and strengths
  • Korea has a strong image as an IT powerhouse thanks to the successful advancement of ICT-related equipment companies such as 'UB Smart Card' and 'NS Devil'

entry plan

opportunity factor
  • The local government is actively promoting the electronic policy in the administrative, economic and social sectors.
  • Demand for communication-related equipment increases in the early stages of digital infrastructure construction
Threats
  • Many low-cost ICT equipment made in China are imported to countries adjacent to China.
  • Relying on foreign loans due to difficulties in local government budget and self-financing
local collaboration
possible company
Other notes
  • Export and installation of various ICT related equipment
  • System development for realization of transportation system