The agreement is seen as the start of a long term relationship to collaboratively develop smart city and smart home technology, promoting sustainable living, connectivity, and
urban development.
The new partnership was launched yesterday (7 November) at the Smart City Expo World Congress in Barcelona. It will see a group of innovative businesses from Seoul working in London early in the New Year, initially developing solutions to improve the energy and heating efficiency of existing homes – lowering costly bills and reducing emissions.
There will also be a focus on making homes safer, especially for more vulnerable residents, through the development of health tech that can be deployed in the home and in the
community.
The agreement opens up opportunities for UK businesses to export and work in South Korea, creating a new high-tech highway between the UK and South Korea developing solutions for cities globally.
The UK and South Korea have a strong collaborative relationship and trading history, tracing back over 140 years. South Korea is widely regarded as a global leader in smart city technology, with Seoul being awarded World Smart City of the Year in 2022.
Thames Freeport is a once-in-a-generation opportunity to stimulate trade, accelerate energy transition, and transform the lives of people in London and the boroughs to its east. It continues to establish new global partnerships that create new sustainable jobs, drive real-world innovation, and deliver net zero.
