'Shared Parking and Fire Alert'... Urban Regeneration Smart Technology Support Project Contest

Shared Parking Lot

[Asia Economy Reporter Moon Jiwon] The Ministry of Land, Infrastructure and Transport announced on the 26th that it will hold a contest for the 'Living-Oriented Urban Regeneration Smart Technology Support Project' to improve residents' living conditions by establishing smart services in urban regeneration New Deal project sites.

The Living-Oriented Urban Regeneration Smart Technology Support Project, which has been implemented since last year, provides up to 500 million KRW in national funding to project sites that apply smart technologies with high resident perception and easy commercialization to solve local problems.

This year, a budget of 8.5 billion KRW will be invested to select about 17 project sites in total.

The application targets for the contest are existing urban regeneration New Deal project sites. The support target areas are four core fields: safety and firefighting, transportation, energy and environment, and living and welfare.

For example, in traditional markets where small retail stores are densely packed and fire damage can be severe, wireless detection sensors that can detect smoke and heat will be installed to enable early fire suppression.

Also, near university areas where parking spaces are insufficient, causing problems such as illegal parking and fire truck access blockage, a smart shared parking service will be introduced. In this case, users can easily find available shared parking spaces through an app, and owners of one-room buildings can provide idle parking spaces as shared parking spaces to earn points as income.

The Ministry of Land, Infrastructure and Transport will comprehensively consider feasibility, effectiveness, necessity, and validity in the project site selection process.

The application period for the contest is from March 17 to 19, and after evaluation by a committee composed of experts in related fields, the final selection will be made at the end of April.

Park Sangmin, head of the Urban Regeneration Division at the Ministry of Land, Infrastructure and Transport, said, "Since this project aims to solve local issues derived from residents' opinions through smart technology, we hope local governments actively discover various forms of smart services that residents can feel."

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