Goyang-si Selects 8 Projects in This Year's 4th Industrial Revolution Contest... Secures 24.3 Billion Won in National and Provincial Funding

[Asia Economy Reporter La Young-cheol] Goyang City in Gyeonggi Province has secured a total of 24.3 billion KRW in national and provincial funding through eight future industry-related public projects this year, following its selection for the Ministry of Culture, Sports and Tourism’s ‘IP Convergence Content Cluster Creation Support Project.’

According to Goyang City on the 1st, the city was the only one nationwide selected for the ‘IP Convergence Content Cluster Creation Support Project,’ which will establish an intellectual property (IP) industrial complex with a total floor area of 6,219㎡ in the Daehwa-dong area of Ilsanseo-gu.

Using big data, a safety management system will be built for old and hazardous facilities, and big data analysis and consulting will be provided to small and medium-sized enterprises. The Aqua Studio will offer an experiential space utilizing virtual reality (VR) and augmented reality (AR), and a smart supermarket support project will be implemented for small business owners.

In addition to future industry-related public projects, five more projects, including the installation of after-school elementary care facilities, have been additionally selected; one project is under review, and one is planned to be applied for. If all are selected, the total national and provincial funding secured this year will amount to 34.8 billion KRW.

◆ IP Convergence Cluster Creation

The IP (Intellectual Property) convergence cluster, to be built on the second-phase support site of KINTEX in Daehwa-dong, will be a basement one floor and five floors above ground, housing industries related to intellectual property such as K-pop content, broadcasting, video, webtoons, and publishing.

Nearby, large-scale self-sufficient facilities such as Ilsan Technovalley, KINTEX Exhibition Hall 3, CJ Live City, and Broadcasting Video Valley are scheduled to begin construction this year. The transportation infrastructure is also excellent, with the new GTX-A line and the extension of Incheon Line 2 to Ilsanseo-gu.

The city expects to create about 1,800 jobs, discover and support collaboration for 600 IPs, and achieve export contracts worth 300 million USD by 2028.

◆ Use of Internet of Things and Artificial Intelligence Software

The ‘Intelligent IoT Ventilation System’ is a device that purifies harmful air by analyzing user status and indoor/outdoor environmental information collected through the Internet of Things with artificial intelligence.

The city plans to distribute 2,200 smart masks and 1,060 automatic ventilation systems to infection-vulnerable facilities such as nursing homes, senior centers, and daycare centers, with a project budget of 2.25 billion KRW, including 1.8 billion KRW in national funding.

The Korea Aerospace University located in the area will also be transformed into a space for nurturing AI software talent to lead the mobility industry, including drones and electric vehicles. The city and the university participated in the ‘Software-Centered University Public Project’ and secured 5.75 billion KRW in national and provincial funding.

◆ Citizen Safety and Experience Spaces Using Big Data and VR/AR

The city plans to establish a digital-based safety management system for 146 old and hazardous facilities with high risk, such as steep slopes, bridges, public facilities, and cultural heritage sites, by the end of the year.

Additionally, the city is exploring ways to utilize the Goyang Big Data Platform ‘BIGTORY’ to provide big data to small and medium-sized enterprises.

A virtual reality (VR) and augmented reality (AR) experiential space will be created at the Goyang Aqua Studio, and a ‘Smart Supermarket Distribution Project’ will be conducted for small supermarket business owners.

Furthermore, support will be provided for installing security facilities necessary for unmanned stores, and a 28㎡ media creation space will be established at Daehwa Library to allow citizens to produce and experience media content.

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