IFEZ to support HCM City to become smart city

Chairman of  the People’s Committee of Ho Chi Minh City Nguyen Thanh Phong hosted a reception for Director General of Incheon U-city Corporation Park Byeong Cheul on June 14.
The local government has completed the project on building the city into a smart one in the 2017-2025 period and with a vision towards 2030, said the chairman.

He hoped to receive advices, technical plans and financial solutions from Incheon Free Economic Zone (IFEZ)’s experts on the basis of the conditions of the city.

His counterpart, Park Byeong Cheul said that IFEZ would coordinate with Ho Chi Minh City to establish a group of experts to plan this project, choose operating units as well as giving human resource training support.

Incheon U-city Corporation is a private- public partnership in order to secure funding for system operation through effective business model. The company develops and manages U-City projects for public and private sectors in South Korea and internationally. It offers general system construction, maintenance business, and international consulting business for countries to create smart cities. Incheon U-city Corporation develops and manages Incheon Free Economic Zone (IFEZ).

By GIA QUANG – Translated by Kim Khanh

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