– Hope to cooperate with Latvia, a gateway city to Europe, and Incheon, a hub city in Northeast Asia –
– Discussing ways to vitalize strategic cooperation with the head of the Investment and Development Administration –
Incheon Metropolitan City announced that it had held a meeting with the head of the Latvian Investment and Development Administration to discover specific cooperative projects with Latvia.
On the 14th, Latvia's Kaspars Rose-Kalns, head of the Investment and Development Agency, Martinssi Baumanis, Korean representative of the Investment and Development Agency, and Peteris Podvinskis, Counselor of the Latvian Embassy in Korea visited Incheon to discuss mutual urban strategic industry cooperation.
Latvia, located in the middle of the three Baltic countries, is a European country similar to Korea in terms of its historical background and excellent science and technology.
Latvia is an advanced country in the IT field, and based on 5G and big data, it is fully promoting innovative digital businesses such as smart cities in connection with universities in Riga, the capital city.
Incheon City plans to promote exchanges with Latvia in Incheon-type strategic industries such as bio, smart city, air mobility, and startups.
Previously, in May of this year, the representative of Martin City visited India and promised exchange and cooperation.
“Latvia is focusing on bio and smart city projects, and cooperation in various strategic industries such as benchmarking Incheon’s differentiated technology will greatly help strengthen the competitiveness of both cities,” said Caspars, head of the Latvia Investment and Development Agency. It will be,” he said.
In response, Yeo Jung-hyeop, head of the city planning and coordination office, said, “We look forward to exchanges and cooperation in various fields including smart city, and based on this, we hope to promote friendship between Incheon and Riga in the future.”
After the meeting, the Latvian party moved to the Songdo Free Economic Zone and looked around the publicity center and the smart city operation center. Incheon City is operating an Incheon-type smart city integrated control center that connects the entire city through one communication network based on information and communication technology, and has advanced business models such as Korea’s first public-private partnership startup park to play a leading role in various fields is performing
Meanwhile, the Latvian Investment and Development Agency is an organization that carries out trade, investment, export promotion, and tourism promotion in Latvia, and continues to cooperate with overseas local governments and associations. Korea office opened in Seoul in 2020.
