Dubai Holding has launched a SmartCity concept project in South Korea which will cover an area of 51 million sq ft, and will be located between the two metropolitan cities of Seoul and Incheon.
The project was launched in the presence of Mohammed Abdullah Al Gergawi, Minister of Cabinet Affairs and The Future, and chairman of Dubai Holding, in addition to a high-level Emirati delegation and South Korean government officials, businessmen and investors from South Korea and Asia.
The project is the culmination of the collaborative work between Dubai, the South Korean government and regional investors.
Al Gergawi said:
“SmartCity Korea is the latest addition to Dubai Holding’s SmartCity Network, based on the vision of Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum to build a better and sustainable economy for the people of the UAE and the world.
The SmartCity project is set to benefit from Dubai’s long-standing and unique expertise in developing smart communities and modern cities, equipped with the latest technological innovations to elevate people’s quality of life and boost their productivity.”
This international initiative between the UAE and South Korea will contribute positively to their economies, and will play a vital role in furthering friendly relations between both countries.
Transferring the SmartCity concept is undoubtedly a significant step towards reinforcing the UAE’s leadership in urban development innovation and its commitment to knowledge transfer and experience exchange.