LX, K-water Agree to Realize Digital Twin in Smart City
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LX, K-water Agree to Realize Digital Twin in Smart City
The organizations sign MOU on utilization and spread of digital twin

24(Fri), Sep, 2021




Choi Song-wook, head of LX’s Spatial Information Division, Lee Joon-geun, director with K-water‘s Green Infrastructure, pose after signing an MOU on the utilization and spread of digital twin on the observation tower of Busan Eco-Delta Smart City on Sept. 1. (Photos: LX)





Korea Land and Geospatial Information Corp. (LX) and K-water have teamed up to realize “digital twin” for a sustainable smart city.


LX and K-water struck an MOU on the utilization and spread of digital twin on the observation tower of Busan Eco-Delta Smart City on Sept. 1.


Among those on hand at the signing ceremony were Choi Song-wook, head of LX’s Spatial Information Division, Lee Joon-geun, director with K-water ‘s Green Infrastructure, and officials with LX’s Busan-Ulsan headquarters and K-water’s Busan Eco-Delta City Business Team.


Under the deal, the two institutions are expected to push for joint utilization of urban and spatial information and sharing, as well as connecting platforms to build digital twin for a smart city.


They will aggressively collaborate in digital twin data, service and platform technology in Busan Eco-Delta Smart City, now under construction.


LX and K-water plan to prime for the Korean New Deal and digital transformation by setting standards of digital twin in Korea and abroad and the spread of infrastructure in the future.


Choi, head of LX’s Spatial Information Division, said, “We’ll make leading digital twin models for a smart city by combing digital twin and AI and IoT and supporting in the Korean New Deal.”


Digital twin is one of key projects LX is now implementing. Digital twin is making the world of reality a virtual one, so it is a key task of the Korean New Deal to reduce trials and errors by making future predictions through simulation.






LX Senior Executive Vice President Kim Ki-seung attends a ceremony to sign an MOU on the establishment of the Youth Shared Growth Center in Gochang with representatives of nine entities at the Gochang County Office on June 2.




LX Teams Up with Other Entities to Establish ‘Youth Shared Growth Center’ in Gochang


LX has joined forces with private, public sector and research circles, including Gochang County and Jeonbuk National University to set up the “Youth Shared Growth Center” in Gochang.


LX signed an MOU on the establishment of the Youth Shared Growth Center in Gochang with nine entities at the Gochang County Office on June 2.


The establishment of the center is designed to solve youth population outflows, a pending core issue of the regional community. Public entities in Jeonbuk Innovative City had so far implemented social contribution projects individually.


The center has secured a combined 100 million won after it won the 3rd public entities’ joint project contest, conducted by the Public Workers Solidarity Foundation.


The center plans to explore places, facing shutdowns, in the Gochang area in which the nation’s second largest number of people are returning to the farming sector, but an increasing number of youth are leaving, creating opportunities to realize innovative ideas.


The center is located on the third floor of the main building of Jeonbuk National University Gochang Campus. It will educate and cultivate local creators working for local communities.


The six participating public entities are responsible for exploring innovative startup practices to boost youth and the Gochang area.


LX Senior Executive Vice President Kim Ki-seung said, “I’m pleased to have the Youth Shared Growth Center in Gochang, built by the private, public and government sectors, contribute to the regional development by conducting pump-priming projects.”


“We’ll make every effort to help youth grow by providing support to youth so that they can make challenges and experiments they want,” Kim said.



   
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