Comprehensive Collaboration Agreement for Realization of Smart City

Kuwana City (Mayor: Narutaka Ito) and Chubu Electric Power Co., Inc. (President: Kingo Hayashi, "Chubu Electric Power") today signed a comprehensive collaboration agreement (“the agreement") to realize a smart city (Note).

Kuwana City, as a basic municipality, has been working on various measures through public-private partnerships under the Kuwana Open Field concept, aiming to transform itself into a "smart city" that realizes civil services adapted to contemporary times, in order to fulfill its social role and mission to meet diversifying needs and realize the well-being of its citizens on a sustainable basis.
Chubu Electric Power, as a company rooted in the Chubu area and growing together with the region and society, is working to provide a variety of new services in addition to energy services, aiming to create a "new form of community" where people can enjoy a safe, secure, and convenient lifestyle, in order to continue to grow sustainably together with the customers.

Based on the agreement, the two parties will work together to study mainly on the following issues with the aim of realizing Kuwana City as a smart city.

1. Planning for a convenient and smart city connected by data
2. City development to achieve a decarbonized society
3. Community development utilizing local attractions
4. Other issues necessary to achieve the objectives of the agreement

Through the efforts based on the agreement, the two parties will accumulate know-how to respond to social changes and the unique characteristics of each region, enhance the well-being of citizens' lives, and contribute to the sustainable growth of the Chubu area as an advanced model.

(Note) A sustainable city that continues to create new value and solve various urban and regional issues through advanced management and the use of new technologies such as ICT.

(From left, Hisanori Ito, Executive Vice President and Director, Chubu Electric Power, and Narutaka Ito, Mayor of Kuwana City)