Kolon Global Announces Winners of 'Smart Construction Technology Contest' and Signs MOU

Kolon Global signed a business agreement (MOU) to establish a 'Smart Construction Safety Technology Alliance' with a total of six companies, including three companies that won awards at the 'Smart Construction Technology Contest' hosted on the 17th.
Photo by Kolon Global

[Asia Economy Reporter Hwang Seoyul] The award ceremony for the 'Smart Construction Technology Contest' hosted by Kolon Global was held on the 17th. On the same day, a business agreement was also signed with six companies, including the award-winning firms.

According to Kolon Global on the 18th, three technologies were selected as winners at the 'Smart Construction Technology Contest' held the previous day. The winning companies were chosen through document screening and presentation evaluations based on criteria such as advancement, productivity, and safety.

The grand prize was awarded to Hyuran's 'Smart Safety Management Platform for Construction Sites,' which enables integration of various smart safety devices. The gold prize went to CMX's 'Smart Construction Project Management Platform,' which digitizes manual site management such as inspections and construction logs. The silver prize was awarded to KCTENC's 'Smart Retaining Wall Collapse Risk Monitoring System,' which provides real-time measurement and alerts for structural overturning risks based on IoT technology.

The technologies selected in this contest are scheduled to be applied at Kolon Global sites next year, with a total prize money of 10 million KRW awarded. These three technologies will also be presented at a technology briefing session held on the 20th at 2 PM in the open seminar hall of the '2022 Korea Construction Safety Expo (KINTEX)'.

After the award ceremony, a total of six companies, including the three award-winning firms, signed a business agreement (MOU) to establish the 'Smart Construction Safety Technology Alliance.' In addition to the award-winning companies, the firms Green IT Korea, Safeware, and Intellivix also signed the agreement.

This business agreement is the second one following last year. Kolon Global is actively building a safety system aimed at achieving zero serious accidents by utilizing smart construction technologies.

A Kolon Global representative stated, "Through this contest and the MOU signing, we will actively discover and apply innovative and excellent smart construction technologies to lay the foundation for leading the future construction industry."

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