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Busan ranked 8th globally and 2nd in Asia in the Smart Centres Index (SCI)
On December 10, Busan-si announced that it ranked 8th globally and 2nd in Asia in the Smart Centres Index (SCI), published by UK-based Z/Yen.
The Smart Centres Index (SCI) is calculated by combining competitive uations based on 134 reliable data points from various international organizations and institutions, such as the OECD and the World Bank, along with expert surveys.
Busan first entered the rankings in 2021 at 62nd place, steadily rising in the ranks, and reached 8th place in this 12th edition of the uation.
The top 7 cities were Zurich, London, Singapore, San Francisco, Oxford, New York, and Tel Aviv.
In the Asia-Pacific region, Busan ranked 2nd for the third consecutive year.
In this uation, Busan achieved top 15 results in six competitiveness categories, including advanced technology, business environment, human resources, infrastructure, financial support, and reputation.
Busan's policies reflected in the advanced technology category included the development of a power semiconductor valley, the creation of a digital twin pilot zone, attracting the project to create blockchain-specialized clusters, the designation of a self-driving car demonstration zone, and service provision.
In the financial support category, which saw the most significant improvement, the early achievement of the Busan-style Fund of Funds target and the creation of the Busan Future Industry Transition Fund seemed to have made positive contributions, according to the city.
Busan's mayor commented, "Every time the smart city rankings are announced, Busan's ranking rises remarkably."
wink@yna.co.kr
Source Text
** This article was translated from Korean.
Date
2025.12.15
Views
11
According to Yonhap News,
On December 10, Busan-si announced that it ranked 8th globally and 2nd in Asia in the Smart Centres Index (SCI), published by UK-based Z/Yen.
The Smart Centres Index (SCI) is calculated by combining competitive uations based on 134 reliable data points from various international organizations and institutions, such as the OECD and the World Bank, along with expert surveys.
Busan first entered the rankings in 2021 at 62nd place, steadily rising in the ranks, and reached 8th place in this 12th edition of the uation.
The top 7 cities were Zurich, London, Singapore, San Francisco, Oxford, New York, and Tel Aviv.
In the Asia-Pacific region, Busan ranked 2nd for the third consecutive year.
In this uation, Busan achieved top 15 results in six competitiveness categories, including advanced technology, business environment, human resources, infrastructure, financial support, and reputation.
Busan's policies reflected in the advanced technology category included the development of a power semiconductor valley, the creation of a digital twin pilot zone, attracting the project to create blockchain-specialized clusters, the designation of a self-driving car demonstration zone, and service provision.
In the financial support category, which saw the most significant improvement, the early achievement of the Busan-style Fund of Funds target and the creation of the Busan Future Industry Transition Fund seemed to have made positive contributions, according to the city.
Busan's mayor commented, "Every time the smart city rankings are announced, Busan's ranking rises remarkably."
wink@yna.co.kr
Source Text
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Source: Yonhap News (December 10, 2025)
** This article was translated from Korean.