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Korean firms telco KT and startup zigbang want pieces of Saudi NEOM project


KT, Korea’s leading telecom and IT service provider, and real estate start-up zigbang have joined the contest to get contracts from Saudi Arabia’s NEOM city project, following Naver and a lot of tech players from across the globe.   It is too early to name frontrunners or even a full list of contenders for the mega-scale urban redevelopment project, given that official bidding for its IT infrastructure has not begun.  

At a recent pitch KT presented details about an intelligent transport system and how the system is deployed on Jeju Island during a forum co-hosted by Korea’s Land Ministry and Saudi’s Housing Ministry. Al-Hogail was present at the event.  

The major portion of zigbang’s presentation was dedicated to a virtual model house and other smart home services.  

Read the full story at Korea JoongAng Daily