Establishment of smart city data processing and analysis platform in Medellin

business overview

Country (trade office) Colombia (Bogota)
Project name Establishment of smart city data processing and analysis platform in Medellin
Business Category Transportation/Logistics
Overseas ordering company Medellin City Digital Innovation Division
project schedule Undefined
financing Public-Private Partnership Project (PPP)
Scale $160 million
Project period Undefined

Job Description

Main Content
  • ICT-based (IoT, etc.) technology platform that can analyze various (traffic, weather, air pollution, etc.) data collected from the entire city of Medellin
    build
    – Solving urban problems and providing convenience to residents
Reason for selection
  • In the case of Korea, TOPIS, an integrated transportation data processing platform, is in operation.
  • Medellin City is very interested in Korea's traffic information processing/analysis system.

entry plan

opportunity factor
  • Medellin has many cases of cooperation with Korea in the smart city (transportation sector).
  • With the support of the Korean Ministry of Land, Infrastructure, and Transport (Advanced Road Safety Department), an integrated traffic information center was established, and vehicle detectors (VDS),
    Installation of road electronic signage (VMS)
    – Other Colombian national ITS master plan establishment projects* are also carried out with the support of the Ministry of Land, Infrastructure, and Transport of Korea.
    * Project execution organization: Potter (leader) + Pyeonghwa Engineering + Moon Engineering + ITS Association
Threats
  • Business feasibility is unclear as the business scale is not large
local collaboration
possible company
  • Relying on solutions from overseas companies as local companies do not have high technology to provide related solutions
Other notes
  • Securing references and discovering local partners through participation in the smart city pilot project promoted by Medellin City