KIND

KIND Holds Conference to Spread K-City Network Performance

- 2025 K-City Network Planned Project Report Meeting and MOU signed with Hyundai Motor Group for joint development of overseas smart cities -

 The Korea Overseas Infrastructure & Urban Development Corporation (CEO Kim Bok-hwan, hereinafter KIND) held the "2025 K-City Network Planned Project Report and Corporate Meeting" as a side event of the World Smart City Expo (WSCE 2025) held in BEXCO, Busan on July 17.

 The event was hosted by the Ministry of Land, Infrastructure and Transport and organized by KIND. About 100 people attended, including Yoon Jong-bin, head of the urban economy division at the Ministry of Land, Infrastructure and Transport, KIND Jeong Ki-chul, head of the investment management division at KIND, Lee Jae-yong, head of Hyundai Motor Group's smart city promotion office, Uzbekistan's Innovation and Development Administration, and Pharmaceutical Industry Development Administration, Indonesia's Ministry of Interior, West Java, and Bacor City Hall in the Philippines.

 At the briefing session, the main contents of three projects, ▲ Uzbekistan's Tashkent Smart Biocluster, ▲ Indonesia's Bandung Smart Town, and ▲ Philippines' Bakorsi Smart City, were introduced and future investment opportunities were introduced. At the following meeting, active discussions were held on how to improve commercialization, expand participation in domestic companies, and strategies to spread K-City Network performance.

 Prior to the event, KIND and Hyundai Motor Group signed a "Work Agreement (MOU) for Joint Development of Overseas Smart City Business." Based on this agreement, the two companies will start to find joint projects for overseas expansion of Korean-style smart cities that combine new technologies in the future mobility, logistics and energy sectors, and will also work to establish a foundation for public-private cooperation to strengthen global market competitiveness.

 "This event was an important opportunity to create K-City Network results together by reflecting the actual demand of partner countries and domestic companies," a KIND official said. "We will continue to connect partner countries and domestic companies through cooperation between governments, and actively support the overseas expansion and commercialization of Korean smart cities."