Hyundai Elevator Competes To Win Contracts for Indonesia’s New Smart City
A robot greets passengers on Hyundai Elevator's mock-up elevator at Korea International Elevator Expo; courtesy of Hyundai Elevator.
Hyundai Elevator will travel to Indonesia as a member of “One Team Korea,” led by the Ministry of Land, Infrastructure and Transport, to bid on orders for smart city projects, The Korea Times reports. Due to overcrowding and ground subsidence issues, Indonesia is working to relocate its capital from Jakarta to Nusantara on Kalimantan Island. According to Hyundai, the country’s government will invest 40 trillion won (US$30.7 billion) in a five-stage development plan for the capital relocation project through 2045. The company currently provides robot linkage and open API services for its products to Korean IT giant Naver’s headquarters in Seongnam, Gyeonggi Province
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