[Seoul = News Pim] Reporter Kim, Yang-seop = Wavus (CEO Kim, Hak-sung), a spatial information industry platform company, announced on the 1st that it has won an order for the Ethiopian Land Information System (LIMS) construction project as the organizer. Of the total project cost of $22.23 million (KRW 308.474 billion), Wavus ' contract amount is about $10. 67 million (KRW 14.44 billion), and the contract period is three  years from November 30,  2023.

 

 The consortium organized by Wavus was in charge of building a digital cadastral map for four major cities (a total of 400 square kilometers), including the Adama region, and a land information database such as digitalization of land ledger documents. It also plans to develop a land information system such as a land survey system and a new address system, and establish an ICT operating infrastructure for this. The goal of the project is to introduce an advanced land system in Ethiopia, help the government make quick decisions when establishing policies such as urban development plans, and dramatically improve public service.

 

The Ethiopian LIMS construction project is  significant in  that it is the  first overseas  project to  apply Wavus's spatial information  solution, 'GeonPaas '.  In the past, foreign spatial information engines and database management systems (DBMSs) were used when conducting overseas and domestic projects, but in this project, Wavus applied its spatial information engines and solutions to reduce foreign currency outflows. In addition, the company explains that the export effect is also great as the project is carried out with a consortium of specialized small and medium-sized enterprises.  In the consortium, Wavus was in charge of building the system, advanced information technology was in charge of surveying, and Daishin ICT was in charge of building ICT.

 

Wavus  intends to  strengthen cooperation with  local partners and partners to foster this as a  successful example of overseas  business.  In addition, by upgrading  its spatial information solutions verified by the Korean government and public institutions so far, it  will further advance into the African continent after this project and  focus more on  overseas projects in other regions .

 

Kim Hak-sung, CEO of Wavus, said, " This project is meaningful in that it has been recognized for its experience in building systems such as Wavus's Korea Land Information Management System (KLIS), National Spatial Information (K-Geo) Platform, and Real Estate Comprehensive Study System (Ilsa Convenience) and the technology of the company's spatial information solution in the overseas market. We thank the officials of our government and public institutions for helping Wavus be recognized overseas, and we will actively participate in overseas projects in the future to enhance the status of the Korean spatial information industry."

 

 

 

 

 

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