[Pangyo Tech] Gyeonggi-do looks for self-driving technology-based passenger transport services operators in Pangyo

People getting on and off a self-driving shuttle in Pangyo | Provided by Gyeonggi-do

Gyeonggi-do is looking for businesses that will take on a challenge of various self-driving transportation services such as autonomous shuttles and driverless robo-taxis at autonomous driving demonstration complex in Pangyo(7km).

On the 22nd, according to Gyeonggi-do, service operators at autonomous driving demonstration complex in Pangyo can prove their services in a make-believe situation from a business operation perspective after getting various regulatory approvals such as passenger transportation permission and automobile safety standard exemption on a temporary service permission.

When acquired a limited transportation license according to Self-driving Vehicle Act, operators get an opportunity to provide a paid service within the area.

Self-driving vehicle demonstration zone in Pangyo Zero City includes Pangyo 1st and 2nd Techno Valley, a total of 7km in length(from Pangyo station to Gyeonggi Company Growth Center). Various mobility paid and free services are expected to be provided for workers and residents centered around Pangyo 1st Techno Valley.

Self-driving vehicle-related businesses that want to provide paid services within the Pangyo area need to hand in a limited transportation license application and passenger transport plans to Gyeonggi-do. Operators can apply at any time until the number of vehicles allowed (paid 35 units, free of charge 20 units, free services are only allowed during the trial run of paid services) reaches its limit specified in the Ministry of Land, Infrastructure and Transport.

Transportation businesses’ abilities, bus routes and services, pricing, plans for safety·dispute·achievement management are comprehensively evaluated after which license issuance and the number of vehicles allowed are determined through the assessment and consultation of Gyeonggi-do self-driving vehicle trial run operating committee. Operators can check details on Gyeonggi-do website.

Gyeonggi-do Future Growth Policy Officer Lim Moon-young said, “Gyeonggi-do has made investments in creation and operation of autonomous driving demonstration complex in Pangyo and has been making efforts to create a self-driving ecosystem through sustained support. I look forward to Pangyo becoming the self-driving technology hub where many businesses can prove their technologies and services.”

Pangyo Technovalley is an innovation hub for global companies comparable to the Silicon Valley in the US, Zhongguancun in China, and STATION F in France. It is an Asia tech hub with 1,259 IT, BT, CT, and NT companies that possess innovative products and technologies. Located just south of the metropolitan area, it provides the best environment for Korean companies to do business with great transportation access and infrastructure.

Various high-tech companies are located in Pangyo Technovalley, and it is occupied by 64,000 full-time employees, many in their 20-30s. In terms of industry, the companies are engaged in information technology, contents technology, biotechnology, and nanotechnology.

With the support of innovative companies with global capabilities such as Kakao, Naver, AhnLab, Krafton, NCSoft, Nexon, and Hancom, companies in Pangyo Technovalley recorded 107 trillion won in sales last year. Investment and infrastructure growth in Pangyo is expected to continue, with the Metaverse hub entering Pangyo this year.

Source: Pangyo Techno Valley Official Newsroom 

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