A 'Hub-Type Smart City' to Be Established in Ulsan... Final Selection with Goyang City

August Ulsan City and Ministry of Land, Infrastructure and Transport 'Business Agreement' Initiates Development

43.3 Billion KRW Invested in Ujeong Innovation City and Seongan-dong by 2025

Ulsan City is set to accelerate its smart city development project.

On the 26th, Ulsan City announced that it will sign a 'Hub-type Intelligent City (Smart City) Development Project Business Agreement' with the Ministry of Land, Infrastructure and Transport in early August.

Previously, Ulsan City formed a consortium to participate in the Ministry of Land, Infrastructure and Transport's '2023 Hub-type Smart City Development Project' competition and was finally selected as a project target along with Goyang City, Gyeonggi Province.

Target sites for hub-type smart city construction (Ujeong Innovation City, Seongan-dong).

The consortium includes nine institutions and companies such as Ulsan Technopark as the operating organization, Ulsan University, SK Planet, and Hyundai Motor Company.

The Ulsan City hub-type smart city development project covers the area of 4.49 million square meters in Jung-gu Ujeong Innovation City and Seongan-dong, establishing 14 service systems in four fields: △ Mobility, △ Energy, △ Life, and △ Data. These include demand-responsive transit (DRT) autonomous buses, renewable energy measurement systems, immersive smart healthcare, and a smart service operation management platform.

The project will be carried out over three years from this year until 2025, with a total budget of 43.3 billion KRW, including 20 billion KRW each from national and city funds, and 3.3 billion KRW from private investment.

Ulsan City plans to begin construction in December after establishing an implementation plan.

An official from Ulsan City said, "We expect the project to solve various urban problems in Ujeong Innovation City and Seongan-dong, enhance convenience for ordinary citizens, and create new industries, thereby revitalizing the region," adding, "We will develop it into a smart hub city that spreads the project's achievements nationwide."

Concepts of 14 services in 4 sectors of hub-type smart cities.

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