Strategic Initiatives Under the Digital New Deal

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Digitalization of Social Overhead Capital (SOC): Adding digital innovations to urban spaces and building smart logistics and distribution systems.
Several transformative projects have been launched to realize the objectives of the Digital New Deal:

1. Data Dam Project israel phone number list The Data Dam initiative aims to establish a nationwide, 5G network-connected AI database by collecting, categorizing, and processing data from various sectors, including finance, healthcare, and manufacturing. This centralized data repository facilitates the development of intelligent AI systems and enhances corporate competitiveness and productivity .

2. Smart Cities and Infrastructure
South Korea is investing in the development of smart cities equipped with Internet of Things (IoT) devices, autonomous vehicles, and sustainable energy solutions. Urban areas like Busan and Sejong are piloting projects that integrate these technologies to improve living standards by reducing traffic congestion, lowering carbon footprints, and enhancing safety measures .

3. AI and Data Economy
The government is promoting the creation of AI-supercomputing facilities and the establishment of open data platforms to make South Korea a hub for AI innovation. Through government support, startups and corporations are exploring AI-driven solutions for healthcare, manufacturing, and finance .

4. Digital Twin Technology
Digital twin technology involves creating virtual replicas of physical entities to simulate and analyze real-world conditions. This technology is being utilized to predict outcomes and optimize operations in various sectors, including urban planning and infrastructure management .

5. Intelligent Government Services
The initiative aims to digitize public services by adopting AI and blockchain technologies. This includes the development of AI-powered assistants, mobile identification systems, and the conversion of public sector services to 5G wireless networks, ensuring efficient and accessible government services .