KOTRA Opens Export Path for K-Smart City

'Smart City Project Consultation' to be Held at KINTEX from the 31st
27 Clients from 8 Countries Participating... "We Will Showcase the Excellence of K-Smart City"

[Asia Economy Reporter Han Yeju] KOTRA announced on the 30th that it will hold a smart city project consultation meeting linked to the Asia-Pacific region's largest smart city international event, the '2022 World Smart City Expo (WSCE 2022),' jointly hosted by the Ministry of Land, Infrastructure and Transport and the Ministry of Science and ICT, at Kintex in Goyang.

At this export consultation meeting, face-to-face consultations, which had been difficult due to the prolonged COVID-19 pandemic, will resume for the first time in three years. Accordingly, 27 overseas ordering companies will visit Korea to consult with domestic companies related to smart cities.

During the consultation, buyers from eight countries with projects worth a total of 330 million USD?including Asia (Vietnam, Thailand, Indonesia, Mongolia, Pakistan, India), Africa (Mozambique), and the Middle East (Saudi Arabia)?will have one-on-one customized business meetings with about 100 domestic companies.

Representative projects held by buyers participating in this event include ▲Mozambique e-government infrastructure construction ▲Mongolia smart bus terminal construction ▲Thailand Ban Chang smart city project ▲Pakistan airport automation. Among these fields, especially e-government and smart SoC (social overhead capital) are areas where Korea has strengths, and it is expected that this consultation will lay the foundation for overseas expansion.

The CEO of domestic company M attending the consultation said, "We are looking for local ordering companies or overseas partners connected to those ordering companies for smart city exports," adding, "Small and medium-sized enterprises lack local information, making it difficult to find partners. This consultation meeting will be an opportunity to meet buyers with whom partnerships can be formed."

Jung Wooyoung, Head of KOTRA's Innovation Growth Headquarters, emphasized, "Korea has many small and medium-sized smart city companies with excellent technology," and added, "Due to the prolonged COVID-19 pandemic, overseas expansion of domestic small and medium-sized enterprises has not been smooth. To resolve this, we will continue to actively promote the excellence of K-Smart City and focus on supporting overseas expansion projects."

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