The Mumbai Metropolitan Region Development Authority (MMRDA) is expanding its international partnerships under the Mumbai 3.0 vision through strategic engagement with South Korean institutions.
A high-level Korean delegation met with MMRDA officials at the India Global Forum 2025, held at the Jio World Centre, to advance cooperation in smart infrastructure, mobility, and urban innovation.
The interaction was led by MMRDA metropolitan commissioner Sanjay Mukherjee, and focused on enhancing cooperation in smart city development, infrastructure modernization, mobility solutions, and investment facilitation — all integral to the Mumbai 3.0 vision of building a future-ready, innovation-driven urban ecosystem.
The Korean delegation comprised:
- Sang-ho Lee, Director, Incheon Free Economic Zone Authority (IFEZ)
- Byeong-il Woo, Director, KOTRA Mumbai
- Young-sup Joo, Distinguished Professor, Seoul National University & Former Minister of SMEs and Startups
- Jaewon Peter Chun, Chairman, World Smart Cities Forum (WSCF)
- Grant Guk-hwan Cho, Vice Chairman, Kanavi Mobility & Former Executive Director, Samsung Electronics
- James Jung-Beck Kim, Policy Special Advisor, IFEZ
According to a MMRDA statement, the delegation’s visit builds on last year’s Memorandum of Understanding (MoU) signed between MMRDA and the World Smart Cities Forum (WSCF) at the World Economic Forum in Davos, under which Mumbai was inducted into the prestigious Global Twin Cities Platform.
Key Focus Areas of Cooperation:
- Replication of Global Best Practices: Drawing insights from IFEZ, which has transformed Incheon into a $100 billion economy through tech-enabled, integrated urban development.
- Attracting Foreign Direct Investment: Tapping into IFEZ’s investor networks and KOTRA’s promotion channels to attract capital for logistics, transit hubs, and innovation zones.
- Smart City Infrastructure: Leveraging Korean models for data governance, AI-based urban management, green mobility, fintech zones, and smart housing clusters.
- Urban Innovation Exchange: Through WSCF’s Twin Cities framework, MMRDA will collaborate on pilot projects, capacity building, and sustainability benchmarking.
The discussions also covered upcoming mega-projects including smart transit-oriented development (TOD) zones, mixed-use townships, and tech parks envisioned under Mumbai 3.0.
Areas like industrial clusters, logistics parks, data centers, fintech incubation hubs, and affordable housing were identified as high-impact investment zones.
"Mumbai is poised for its next transformation as a global urban hub — Mumbai 3.0. The collaboration with IFEZ, KOTRA, and WSCF offers us access to world-class expertise in smart governance, high-tech infrastructure, and global investment ecosystems. This partnership will help catalyse inclusive growth, create high-value jobs, and elevate the Mumbai Metropolitan Region's competitiveness on the global stage," Said Sanjay Mukherjee, metropolitan commissioner, MMRDA.
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Autor(en)/Author(s): Kuldeep Negi
Quelle/Source: Swarajya Magazine, 20.04.2025
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