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Sun, December 3, 2023 | 10:04
Companies
Hyundai Elevator vies to win orders from Indonesia's smart city project
Posted : 2023-03-15 16:14
Updated : 2023-03-15 16:37
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A robot greets passengers on Hyundai Elevator's mock-up elevator presented at Korea International Elevator Expo held at Kintex Exhibition Center in Goyang, Gyeonggi Province, Sept. 14, 2022. Courtesy of Hyundai Elevator
A robot greets passengers on Hyundai Elevator's mock-up elevator presented at Korea International Elevator Expo held at Kintex Exhibition Center in Goyang, Gyeonggi Province, Sept. 14, 2022. Courtesy of Hyundai Elevator

By Kim Jae-heun

Hyundai Elevator will visit Indonesia as a member of "One Team Korea," led by the Ministry of Land, Infrastructure and Transport, to participate in a bid to win orders for smart city projects, the company said Wednesday.

Indonesia is currently working on relocating its capital from Jakarta to Nusantara on Kalimantan Island, due to serious issues of population concentration and ground subsidence. Its government will invest 40 trillion won ($30.7 billion) in infrastructure development for the city and carry out a five-stage development plan for the capital relocation project until 2045, according to the company.

Hyundai Group's subsidiaries Hyundai Elevator and Hyundai Movex will showcase their technologies in elevators, logistics automation and information technology to vie for contracts related to the capital relocation project.

"As a member of One Team Korea, led by Land, Infrastructure and Transport Minister Won Hee-ryong, and a representative elevator company in Korea, Hyundai Elevator will actively cooperate in bidding on overseas contracts," Hyundai Elevator CEO Cho Jae-cheon said. "Based on this, we will also do our best to explore and expand overseas markets in Indonesia and Saudi Arabia."

The elevator company currently provides robot linkage and open API services for its products to domestic IT giant Naver's headquarters in Seongnam, Gyeonggi Province. API is a software interface that supports connections between hardware devices and computer software.

It enables the development of various services such as calling an elevator with a smartphone or providing customized information for signs in elevators by analyzing passenger data.

The technology reduces power consumption as well as passengers' waiting time by automatically sending elevators to crowded floors.


Emailjhkim@koreatimes.co.kr Article ListMore articles by this reporter
 
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