Page 147 - Are You Future Ready?
P. 147
Chapter Two - Right Timing
As of 2016, there were about 75,000 employees working in
the valley, generating the largest number of job opportunities
in the province and contributing 22% of its GDP.
One of the success factors of Pangyo is the government’s
strong support for innovation, including the allocation
of more than one quarter of the land in PTV to research
institutions.
In addition to nurturing startups, it also tests new
technologies, such as autonomous vehicles – there will 145
be two driverless bus services travelling between Pangyo
railway station and the valley for a trial period of 12 months
starting from the beginning of 2019.
Key success factors
Actually, the success of PTV is founded on the aggregate
efforts of Korea over the past 20 years.
Firstly, the Korean people have been working very hard for
it.
