Hyundai Construction Selects 16 Award-Winning Works for '2022 Technology Contest'

[Asia Economy Reporter Kim Hyemin] Hyundai Engineering & Construction announced on the 1st that it has selected a total of 16 award-winning works in the '2022 Technology Contest.'

Hyundai Engineering & Construction first launched the technology contest in 2008 to promote win-win cooperation and the advancement of future construction technology, marking its 15th year this year. This year, a total of 142 technology ideas were submitted from 124 domestic companies, universities, and research institutes, and 1 grand prize, 4 excellence awards, and 11 encouragement awards were selected.

The grand prize-winning technology, Pintel's "AI High-Resolution Video Analysis Platform for Apartment Complexes," uses artificial intelligence to predict collision risks between people and vehicles in safety-vulnerable areas such as underground parking lots and notifies the management office of dangers in case of fire signs. Additionally, facial recognition technology enables access from underground parking lots and shared entrances to elevator boarding and apartment unit doors.

Among others, the Korea Institute of Robot Convergence, which submitted the "Curtain Wall Construction Work Robot System Development," received an excellence award, and Yonsei University, which submitted the "Modularization Technology Development for Ultra-Large Concrete Floating Structures," was selected for an encouragement award.

The selected universities and research institutes will collaborate with Hyundai Engineering & Construction's Technology Research Institute to support research funding and R&D cooperation. Small and medium-sized enterprises will receive technology development support through the Win-Win Growth Cooperation Fund. Furthermore, construction sites necessary for verifying technology ideas will be provided to validate effectiveness, and if proven effective, opportunities for commercialization will also be offered.

A Hyundai Engineering & Construction official stated, "We will continue to build sustainable cooperative relationships with companies, universities, and research institutes for mutual growth and take the lead in advancing future construction technology."

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