 A to Z of International Business
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Environment for Investment |
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The international business center to be established in Songdo
Information New City has a comparative edge in transportation
and convenience over its foreign competitors because of its close
proximity to the Incheon International Airport and Incheon Port.
It will, therefore, easily transform itself into a key facility
in international exchange.
With the opening of the international airport, Incheon has become
a key transportation point that can be easily reached from 51
nearby cities with more than 1 million population within 3.5
hours. With such a good condition, the city now has a good opportunity
to develop into a global hub city. |
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Plans for Development |
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The international business center is expected to host the Asia-Pacific
offices of multinational businesses. Songdo New City will do
its best to provide institutional guaranty for the best environment
for businesses and best living conditions for their employees.
With various a wide range of recreation facilities, the city
will have the appearance of an international city.
The construction of various buildings, including a 60-story
high international business building, department store, shopping
mall, and convention center, will be commenced within 2003
on the 880,000 pyeong lot in the international business district
Gale of the United States and POSCO Construction have jointly
purchased. The construction is expected to be completed by
2008. Domestic contractors are allowed to participate in the
development of such subsidiary facilities as office buildings,
hotels, and shopping malls. |
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Overview of the Project |
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Location: Zones 1, 3 & 2, 4 of Songdo Information New City
Area: 2.91km2 (Total Area: 53km2)
Construction Period: 2003~2008 |
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Business to be Attracted |
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Head offices of multinational businesses, convention center,
trade center, regional offices of international organizations,
office buildings and various subsidiary facilities |
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Incentives for Investors |
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Those who invest in this area will enjoy similar incentives
provided to the free economic district. |
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For Counseling or Inquiry |
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TEL: 82-32-440-3051∼3055
FAX: 82-32-437-5379 |