First Residents of Busan Smart Village to Be Selected by Lottery on the 24th... Highest Competition Rate 143 to 1

Busan Smart Village Entrance (Photo by Ministry of Land, Infrastructure and Transport)

[Asia Economy Reporter Moon Jiwon] The Ministry of Land, Infrastructure and Transport announced on the 23rd that it will hold a public lottery for residents of the first residential complex in the national smart city pilot, 'Busan Eco Delta Smart Village,' on the 24th.

The Smart Village is a living lab-type demonstration complex where about 40 innovative technologies to be implemented in the Busan Smart City national pilot city are applied first, allowing people to experience future living and new technologies in advance. A living lab is a research space in daily life where citizens experiment with various technologies related to the 4th Industrial Revolution in the spaces where they actually live and communicate with citizens.

The Ministry plans to build 56 block-type detached houses as the nation's first zero-energy grade 1 houses and introduce innovative technologies in water, energy, robotics, and daily life fields, establishing them as the first residential houses in the national smart city pilot. It is expected that the technology will be further improved through the process of citizens living directly, experiencing demonstration services, and sharing opinions.

The application for residents was held from the 11th of last month to the 14th of this month. About 3,000 households applied, recording a highest competition rate of 143:1.

Smart corridor, smart farm (Photo by Ministry of Land, Infrastructure and Transport)

Residents will be selected for 54 households out of the total 56, excluding 2 experience households. They consist of management households (6 households), special households (12 households), and general households (36 households). All household selection processes underwent document screening combining quantitative and qualitative evaluations; management and special households will be finally selected through interviews, and general households through a public lottery.

The public lottery event, held at BEXCO in Busan, can be watched live on YouTube from 2 p.m. on the 24th. Selected residents will complete a pre-education program for the Smart Village living lab for one year and are expected to move in by the end of next year and reside for up to five years.

Heo Nayoon, team leader of the Smart City Team at the Ministry of Land, Infrastructure and Transport, said, "We will do our best to ensure that Busan Eco Delta Smart City becomes a world-leading smart city model together with the residents selected this time."

This content was produced with the assistance of AI translation services.