Subscribe to Our Newsletter

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

Seoul Announces $299.5 mln Investment in Informatization Projects for 2023.

Philip Lee profile image
by Philip Lee
Seoul Announces $299.5 mln Investment in Informatization Projects for 2023.
Photo by Ethan Brooke / Unsplash

The Seoul Metropolitan Government has announced plans to invest KRW 370.3 billion, or about $299.5 million, in 1,431 information projects this year.

This represents a 7% increase over last year’s investment of KRW 345.9 billion.

The city will use new technologies such as Metaverse, artificial intelligence (AI), and Big Data to improve the convenience and safety of citizens.

In addition, the City will expand support projects for the digitally vulnerable population, including the elderly and disabled. 34% of the projects will be invested in administrative services that use AI and Big Data.

One of the priorities of the informatization projects is the full implementation of new digital administrative services.

This includes expanding citizen experience services such as citizen experience centers for security and real estate contracts and integrating metaverse services from individual cities and autonomous districts into the Seoul Metaverse platform.

Another focus is the expansion of intelligent digital security networks based on video surveillance.

In addition, the city plans to invest KRW 9.2 billion in continuing the project to improve video surveillance in cooperation with the city of Seoul and autonomous districts.

This includes installing intelligent video surveillance in security-prone areas throughout Seoul and improving image quality by replacing old video surveillance equipment.

The city also plans to set up an ‘AI video surveillance-based high-speed missing person search system’ that uses intelligent video surveillance technology for selective monitoring to prevent and quickly respond to the disappearance of vulnerable people.

The city also plans to invest in expanding accessible WiFi networks, especially in areas with high floating populations, such as the 11 Hangang parks and facilities for digitally vulnerable people.

The city also plans to replace old WiFi devices with high-capacity devices that are four times faster.

Seoul also plans to deploy new technologies such as Big Data, AI, the Internet of Things (IoT), and blockchain throughout the city government to provide a higher level of digital administrative service and improve labor productivity by creating an internal remote work environment.

This includes the Seoul Childbirth and Childcare Universal Key, a childcare portal platform that can solve all pregnancy, livestock, and childcare issues in one place.

Overall, Seoul Metropolitan City’s investment in information projects aims to create a more comfortable and safer environment for citizens and support the digitally vulnerable population.

By integrating new technologies and digital services, the city hopes to improve the quality of life for its citizens and prepare for the future.

Please also read.

Seoul Launches Metaverse Platform for Administrative Services Amid Digital Shift.

Seoul presents a vision for the future at CES 2023, promoting its technology.

Invest Seoul endorses 28 promising startups to the globe.

Eyeline Studios By Netflix Will Invest $100 Mln In Seoul

Seoul Startup Ecosystem size ranks 10th in the world.

Sketch on the G-Star 2021, the first offline host after the COVID-19 pandemic.

Seoul Startup Ecosystem ranks 16th among 280 cities in the globe.

South Korean Accelerator, Future Play, joins hand with the ITB.

Philip Lee profile image
by Philip Lee

Subscribe to The Pickool

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

Read More