The Korean
government is committed to promote Smart City policies. Korea enacted relevant
laws to support smart city development in 2008.
Based on the
experiences of building U-City since the early 2000s, the Korean government has
selected eight businesses to lead innovative growth with a view to preemptively
responding to the 4th Industrial Revolution and securing new growth
engine for the future.
The eight
industries to lead innovative growth are Smart Factory, Bio Health, Pin Tech,
Future Car, Smart City, Smart Farm, Energy New Industry and Drone.
In addition,
the three major strategic investment fields, such as data economy, artificial
intelligence, and hydrogen economy are working on innovative talent training in
cooperation with the eight leading businesses.
Korea provided
a variety of exemptions by revising the relevant legistrations last year and
this year in order to foster new industries such as autonomous vehicles in the
pilot cities, drone and new renewable energy as well as to utilize personal
information.
Moreover,
Korea is promoting the introduction of ‘Smart City Regulatory Sandbox"
that eliminates all of the regulations to help combining technologies and
services required in the region without restrictions.
Korea's smart
city policies are gradually expanding and evolving in accordance with the
changing conditions.
<Source: The 3rd Smart City
Comprehensive Plan of Ministry of Land, Infrastructure and Transport (Public
Hearing for the 3rd Smart City Comprehensive Plan)
Presentation materials for Ministry of Land
and Habitat Training Program by Inviting Public Officials>
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