Daegu City Partners with U.S. Companies to Promote Smart City Initiative
[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Yushin] Daegu City announced on the 9th that it will sign a smart city cooperation business agreement with Plug and Play, a startup accelerator company from Silicon Valley, USA.
This agreement involves cooperation between both parties to help local startups enter the global market and promote smart city projects with major overseas cities.
When Daegu City recommends excellent companies in the Internet of Things (IoT) and smart city sectors, Plug and Play will hold investment briefings targeting overseas investors to assist local companies in attracting investment and entering overseas markets.
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Daegu Mayor Kwon Young-jin said, "I hope that local companies will grow into global enterprises by utilizing Plug and Play's startup incubation programs and collaborative networking."
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