The Ministry of Land, Infrastructure and Transport (MOLIT, Minister NOH Hyeong-ouk) and the Ministry of Oceans and Fisheries (MOF, Minister Moon Seong-hyuk) announced the execution plan for the designation of “Excellent New Logistics Technology, etc. (hereafter ’Excellent New Logistics Technology’)” for the first half of 2022 on March 7 (Mon), with the aim of encouraging dissemination and utilization of new technologies in the logistics sector.
New logistics technologies that are home-grown or imported from overseas but improved in Korea are eligible to apply for the designation of Excellent New Logistics Technology. Candidate technologies go through technical and on-site examinations conducted by the evaluation committee, which assesses the technologies based on the criteria of novelty, economic feasibility and field applicability.
Through this system, new and outstanding technologies developed by private-sector entities can receive certification from the government. The government provides administrative and financial support to the certified technologies, promoting the development and dissemination of new technologies in logistics.
Technologies designated as Excellent New Logistics Technology can use the mark of certification for up to 10 years*. Benefits for Excellent New Logistics Technologies include ① priority in the provision of support funds (e.g. technology development fund), ② priority in public procurement, and ③ additional points in tenders, to name a few.
* After the initially protected designation period of 5 years, the period of designation may be extended once for an additional period of maximum 5 years, after reviewing utilization results of the technology, etc.
The Excellent New Logistics Technology certificate was introduced in 2020 to promote wide-spread application and utilization of new technologies in the logistics sector. As of now, 7 new technologies have been certified as Excellent New Logistics Technology (MOLIT: 5, MOF: 2).
The technologies designated can be applied to a variety of areas in the field of logistics, such as converting diesel delivery trucks into hybrids, and building robots to handle cargo at logistics centers.
“Logistics and delivery services are essential to our everyday life, and this sector needs to development further with new technologies,” said officials from MOLIT and MOF. ”We hope to see more active participation from individuals and businesses with innovative new technologies, so that going forward, this certification will stimulate technology development in Korea’s logistics sector.”
Please refer to the attached PDF.