Northeast Asia’s New Business Hub
Incheon Free Economic Zone
Incheon Grand Bridge
| Incheon Free Economic Zone | 7-50 Songdo-dong Yeonsu-gu Incheon, Korea 406-840 | T. 82.32.453.7114 | F. 82.32.453.7309 | www.ifez.go.kr |
Contents
Korea • The 10th Largest Economy • World’s Largest Semiconductor/LCD Manufacturing & Shipbuilding • 5th Largest Automobile Maker • IT Innovator of Wi-bro, DMB, CDMA • Global Leader of BT Research Industry • Country With High Percentage College Graduates
IFEZ(Incheon Free Economic Zone)
Cheongna 18km2 Yeongjong 138km2
Songdo 53km2
▪ Location: Northwest Coast of Korea - Appx. 41.8km from Center of Seoul - Appx. 1 Hour drive ▪ Size: 209 km2 (1/3 of Seoul or Singapore) ▪ Planned Population : 512,000 ▪ Development Period: 2003~2020
Vision
Mission
▪ Implantation of Sustainable Industries - Knowledge-based Industry (IT/BT/NT/GT) - Logistics - Leisure & Tourism
▪ Establishment of Living Environment - Smart City Management * Biodiversity * Energy & Resource Efficiency
▪ Competitive Business Environment - Minimize Legal and Administrative Regulations for Businesses - Provide Advanced City Management Utilities and Facilities for Global Business Activities - Design Business Incentives to Maximize Company Profits
City of Incheon
1904 Gateway to Korea
1970’s Industrial Zone
2001 International Airport
2003 Launching IFEZ
Since 1904, Incheon City b ecame an economic and cu ltural gateway to Korea
Incheon City’s industrial zon es in the 1970s were at the f orefront in Korea’s industrial modernization
The Incheon Int’l Airport, op ened 2001, has emerged as one of the best airports in th e world
Successfully create Korea’s first Free Economic Zone in Songdo, Incheon
Start of IFEZ “IFEZ can make use of timely Business dynamics in the Northeast Asia region”
IFEZ is located in the center of Northeast Asia :one of the 3rd largest trading blocks :24% of global GDP :1.5 billion of population (1/3 of world’s population) IFEZ is connected to 61 cities each with over 1 million population within 3 ½ hour flight 25 million domestic consumer s are living in the vicinity of IFEZ
Start of IFEZ Tidal mudflats become a land of constructions and expected growth
Site Formation Appx.117Km2 (56% of IFEZ) Reclaim ed -Reclamation completed: 83Km2 -Reclamation under way: 34Km2
Features Multi-facet transport system provides convenient and efficient access to IFEZ and major markets
• Incheon Int’l Airport - Cargo Volume: World’s 2nd (2008: 2.4 million ton) - Passenger Traffic: World’s 10th (2008: 30 million travelers) - Connected to 169 Cities Globally
• Seaport - Annual Growth of over 20% (from 2005 to 2007) - Incheon Newport to be Completed by 2020
• Inland transportation - High-ways and Trains - Diversified Mass Transit Systems
City Development
Compact City • Business, High-tech Industry, Medical, Education, Culture & Art, Shopping, Tourism, Golf & Leisure • Self Sufficient City within
Smart City •`Just Plug-In` : Established IT Networ k Infrastructure with other Urban Infr astructures in the Common Utility-Pip eline
Green City • Greenery & Waterfront accounts for 32% of total area • ‘Green Urbanism’ pilot project for LEED* for Neighborhood Developme nt Certification
• U-transit, U-security, U-environment
5km radius or 5 minute’s
protect, U-disaster prevention, U-infor
Driving Distance
mation service will be available
• Underground Garbage Processing Systems & Water Recycling System
* LEED (The Leadership in Energy and Environmental Design): Green Building Rating System, developed by the U.S. Green Building Council
Songdo District | Area : 53.4 ㎢ | | Population Projection : 252,000 | | Major Development Projects: IT·BT, International Business, Education, Research, Amenities |
Songdo: International Business & Knowledge Industries Logistics Area
Landmark City
International Busines s District
Bio-Medi Park
Newport Logistic Complex
Int. Hospital / Techno park Yonsei University
Incheon Tower IFEZ Art Center Int’l School Central Park ConventiA
International Campus Global University Ca mpus International Academ y & Research Center Knowledge-base Indu stry Complex (RFID Fab)
Yeongjong District | Area : 138.3 ㎢ | | Population Projection : 169,000 | | Major Development Projects: Logistics, Tourism, Health Care, Education, and Culture |
Yeongjong: International Logistics & Tourism Aviation Cluster (0.5 ㎢)
Airport railway, Highway
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Woonbook Leisure Complex (2.7 ㎢)
Airport Logistic Park (3.1 ㎢)
Incheon Int’l Airport (46.6 ㎢) Milano Design City (3.7 ㎢) Yongyu & Muui Tourism Complex (24.4 ㎢)
Incheon Bridge
Cheongna District | Area : 17.8 ㎢ | | Population Projection : 90,000 | | Major Development Projects: Int’l Business, Hi-tech Industry, Leisure & Sports |
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Cheongna Station
Floriculture Complex
SNU-KAIST BIT-Port
(0.4 ㎢)
(0.5 ㎢)
Bear’s Best Golf Cours e (1.5 ㎢)
Int’l Business District (1.3 ㎢)
Residential Seoul-Incheon Highway (planned)
Robot Land (0.8 ㎢)
Incheon Hi-Tech Park (1.5 ㎢) -GM Compact Test Track
Medical & Bio Cluster
Personalized Medicine
Medical Services • International Hospital • Yonsei Univ. Hospital
Regenerative Medicine
R&D and Production • Bio-Pharmaceuticals • New Medical Devices • Pre-Clinical, Clinical Res earch
Infra • U-Health • Fusion Technology
Education & Research Cluster
Global Universities • SUNY Stony Brook • Ghent University • Univ. of Delaware • George Mason Univ. • UIUC
East Asian Studies & Research-Base for Overseas Institutes
Domestic Universities
Research Institutes
• Yonsei Univ. • Univ. of Incheon • Inha Univ. • Hankuk Univ. of Foreign Studies
• Salk Institute • University of Utah • POSCO R&D Center • MD Anderson (Preclinica l Center) • CEWITT • Lee G.Y. Cancer & Diab etes Center
Human Resources Powerhouse for Global Corporations and Research Institutes
Global Education & Research Opportunities for Korean Institutes
High-Tech Cluster
RFID/USN
Aerospace • Aviation training cent er
Renewable Energy Automobile Parts • Renewable energy cluster
• Advanced auto-par ts & electronics
• RFID/USN center • Aerospace engineeri ng
Knowledge-based Industrial Complex
IT Convergence Valley
IT based contents • Game, Music, Anim ation related comp any
• Mando-Hella Electr onics
Aviation Cluster
Vehicle Cluster
Culture & Tourism Projects
Hotel
Casino Resort
Leisure Sports
Theme Park
Culture Facilities
• Hotels for busin ess & tourism
• Large scale inte grated casino r esorts
• Motor Speedwa y • Golf courses • Marina
• Robot land • Holyland (them e park)
• Art center • Musical concert hall • Exhibitions
Yongyu-Muui Tourism Complex
Woonbook Leisure complex
Milan Design City (Triennale Design Hall, Science Museum, Music conservatory)
IFEZ Arts Center
Ubiquitous Technology
Ubiquitous Technology is Blossoming at IFEZ
U-life Experience Zone
U-tech. Support Institute U-IT technology Development U-IT Commercialization U-Business Model Development
U-Transportation Plaza U-City Experience Zone, etc.
Investment Status
IFEZ records in investment as of 2011 Foreign Direct Investment Total Amount (Million USD) Developers Resident Institutions Contract
$ 1,583.6
8
37
MOU
$ 3.0
1
14
Total
$ 1,586.6
9
51
Domestic Investment Total Amount (Million USD) Developers Resident Institutions Contract
$ 4,117.8
1
26
MOU
$ 738.1
1
13
Total
$ 4,855.9
2
39
Progress IFEZ has a Range of Capable Partners from Home and Abroad Master Developers
• AMEC • Gale International • Lippo Group • Pangaea • Portman Holdings • POSCO E&C
Muiti-National Corporations
• AMB Property • Crucell • GM • Gudel AG • Hella Electronics • Satorius • Schenker • IBM • CISCO • GE Healthcare • Boeing
Schools and R&D Institutes
• IBM Bio Research Center • Lee Gil Ya Cancer & Diabetes Institute • POSCO R&D Center • Salk Institute • Chadwick Int. School • U of Delaware • CEWITT • Yonsei Univ.
International Business District · Area: 5.7㎢ · Construction Period: 2003 ~ 2014 · Cost: 24 Billion USD · Developers: NSIC (Gale International, POSCO E&C)
Songdo Convensia · Area: 0.1㎢ · Construction Period: Oct. 2008 (1st phase) ~ 2012 (2nd, 3rd phase) · Cost: 300 Million USD · Developers: NSIC (Gale International, POSCO E&C)
NEATT (North East Asia Trade Tower) · Area: 251,545㎡ Business facilities, residential facilities (65 story) · Construction Period: 2008 ~ 2011 · Cost: 351 Million USD · Developers: NSIC (Gale International, POSCO E&C)
Yonsei University International Campus · Area: 1.4㎢ · Construction Period: 2006 ~ 2012 · Cost: 2.7 Billion USD · Developers : Songdo Global Academic Complex Co., Ltd
Science Village · Area: 6.5㎢ (Industrial technology complex, Business/composite facilities) · Construction Period: 2008 ~ 2013 · Cost: 3.2 Billion USD · Developers: Songdo Techno Park Incorporated
RFID/USN Center (u-IT Cluster) · Area: 81,275㎡ (RFID/USN General support center) · Construction Period: 2006 ~ 2010 · Cost: 331 Million USD · Developers: Incheon City, Ministry of Knowledge Economy
Art Center · Area: 0.1㎢ (The Opera House, The Concert Halls, Music School, etc. ) · Construction Period: 2008 ~ 2012 · Developers: NSIC
Woonbook Leisure Complex · Area : 2.7㎢ (Casino resort, snow world, hotels, landmark tower, Chinese language village) · Construction Period: 2006 ~ 2014 · Developer : Lippo consortium, IUDC
Yongyu • Muui Tourism Complex · Area : 24.4㎢ (Integrated Hotel Resort, Marina, Shopping Malls, Residential) · Construction Period: 2004~2020
CURRENT
FUTURE
BIT-Port · Area: 538,000㎡ (Academy-industrial research facilities) · Completion Year: 2014 · Cost: 800 Million USD · Developers: Incheon City, Seoul National University & KAIST
Robot Land 路 Area: 0.8 km2 (Function: Industry-related theme park focusing on robot) 路 Completion Year: 2013 路 Cost: 785 Million USD 路 Developers: Incheon City
GM R&D Center
Mando-Hella Electronics
Mando-Brose Corporation
Incheon Aviation Tech
Boeing
Samsung Biologies
Dong-A Pharm. Co., Ltd.
Veolia Water
The End of Presentation Thank You