Korea’s u City model export is increasing

Export of ’u City Model’, which is supported as next generation growth engine, is gaining momentum. In rapidly growing China, its exports are increasing, removing uncertainty. Therefore, local companies, which have been working hard to export u City model, will move quickly. Furthermore, u City related industry has advanced into Chinese market with different forms, including package style for joint advance of builder and IT firm and individual style for partnership between IT company and local builder. It is a good sign for expansion of market bases. 　◇SKT, SK Engineering & Construction and SK C&C will pursue jointly u City project in Beijing, China. SK Telecom (President Kim, Shin-bae) announced on 27 that it concluded MOU with Beijing City to participate in ‘International Digital Creativity and Industrial Design Project’ for expansion and development of China’s future business. The project is the project that would establish Beijing Culture City in BDA (The Beijing economic-technological Development Area) as part of culture industry promotion policy. Through MOU, SK Telecom will form a consortium with SK Engineering & Construction and SK C&C to lead creation of culture industry complex to attract world class companies and China’s promising venture companies. To this end, it will pursue creation of ubiquitous environment equipped with cutting-edge IT network and facilities. And the company will maximize conveniences with one-stop support center to provide administrative assistance for companies within complex. “Digital contents are closely related with China’s 3G mobile telecommunication commercialization so rapid demand increase is expected, attracting keen attention from world. Following TD-SCDMA R&D cooperation, we will create culture industry complex by utilizing communication infrastructure and contents capabilities to lead jointly future business of China,” said Kim, Shin-bae, president of SKT. PosData decided to establish U City with Yanji City. Posdata (CEO Yoo, Byung-change) and Yanji City exchanged MOU to establish cooperation for u City creation project and overall IT business pursued by the City at Yanji International Hotel with 20 figures including president of Posdata and Mayor of Yanji attending. The cooperation is to create u City in the city and build future oriented high technology city by combining cutting-edge ITC infrastructure and ubiquitous environment. Besides, Posdata agreed to lead e-government project including u Fire Protection Management System and education project to train IT workforce in the City. “We will develop differentiated u City model for the City by utilizing experience of our autonomous bodies, Wibro technology and ETCS (Electronic Toll Collection System) /ITS (Intelligent Transport Systems) of Posdata. Especially, by making the project model case we will further advance into China,” said Cho, yong-han Managing Director of Posdata. The industry will be gaining momentum to enter into overseas market. The advancement of SKT and Posdata shows recognition of local IT technology from overseas u City market. Already, local u City industry has tries to enter overseas market and been highly evaluated from each nation. LG CNS completed development of ‘UMC(u-City Management Center) solution’, u City integrated management platform, based on know-how and technical power from local projects. Based on UMC Solution, management platform and system of central center in charge of integrated management and operation, LG CNS is developing u City business opportunities in China and Middle east. Samsung SDS is reviewing u City overseas business based on analysis on overseas market situation and considering building u City marketing center in key area in abroad. The government and the industry established u City Overseas Advancement Association in last September and have put utmost efforts to develop overseas market including China, Azerbaijan and Middle East. “u City is new industry combining construction industry and IT and its market size will expand from $250billion this year to $702.5 billion in 2010. We will nurture u City model and technology accumulated in local industry as main export item,” stressed Chung, Jong-hwan, Minister of Land, Transport and Maritime Affairs.