Recently, the South Korean capital Seoul, has announced plans to invest more LED lamps installed in public places, and to encourage the private sector to further expand the scope of the installation. Public places including subway stations and streets, plans to use the 2018 municipal office all LED lighting to reduce energy consumption and assistance desired LED lighting industry.
Seoul government also said it will this plan in 2030 to expand the private sector, is estimated to 2014 approximately 800,000 LED lights will be installed in the public sector, in addition there will be 70,000 LED lights installed in the private sector, it is estimated that the city of Seoul this will save electricity Seoul City 1100 GWh per year, or 120 billion won ($ 105 million).
Seoul city government also plans to build a 2014 included 1.32 million energy-saving lamps intelligent lighting grid. To encourage the private sector to install, the city will provide a maximum of 10 billion won (about $ 870,000) rate of 2.5% of the loan program.