MOU Signed by Public Institutions in Ministry of Land, Infrastructure and Transport... Activation of Data Sharing

[Asia Economy Reporter Moon Jiwon] The Ministry of Land, Infrastructure and Transport announced on the 12th that it has signed a Memorandum of Understanding (MOU) to strengthen cooperation among the 25 participating institutions of the 'Land, Infrastructure and Transport Public Institutions Council.'

This council consists of the Ministry of Land, Infrastructure and Transport, 14 affiliated and subordinate organizations including Incheon International Airport Corporation, 6 local governments such as Seoul City, and 4 institutions including Incheon Industry-Academia Convergence Center and Korea Road Traffic Authority.

Through this agreement ceremony, the participating institutions agreed to cooperate in building an environment for creating a data industry ecosystem in the land, infrastructure, and transport sector, such as sharing various data and promoting joint research projects.

First, it has become easier to establish a development environment for new technologies such as heterogeneous data integration and real-time data collection by enabling linkage and utilization of data held by each institution.

It is also expected to yield results from the planning research project for the 'Establishment of a Land, Infrastructure and Transport Data Industry Ecosystem Activation Platform,' which has been jointly promoted with the Korea Agency for Infrastructure Technology Advancement since last year.

Since data in the land, infrastructure, and transport sector has high industrial utilization value, it is expected that various services that the public can experience will be discovered when the data industry ecosystem is built through cooperation between the private and public sectors.

Kim Yongok, Director of the Informatization and Statistics Office at the Ministry of Land, Infrastructure and Transport, said, "To activate the ecosystem that produces, distributes, and processes land, infrastructure, and transport data, we will actively pursue policy efforts centered on the Land, Infrastructure and Transport Public Institutions Council," adding, "In the second half of the year, we will also form a council between private companies and public institutions to strengthen communication and cooperation."

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