Incheon Free Economic Zone
The Incheon Free Economic Zone (IFEZ), located in
In February 2024, Dr. Yun Won Sok was named the new Commissioner of the Incheon Free Economic Zone (IFEZ).
Dr. Yun previously served as the Executive Vice President of KOTRA and has held key trade positions in Los Angeles, Vancouver, and Nairobi.
As the new head of IFEZ, he will be responsible for developing the Incheon Free Economic Zone and surrounding areas, including Songdo, Cheongna, and Yeongjong International City, as well as attracting foreign investments.
Dr. Yun notes, “Over the next three years, I will aim to attract foreign and domestic investment in pharma and healthcare, tourism and leisure, and high-tech industries to create a ‘world-class city’.[4]
Purpose
The Incheon Free Economic Zone (IFEZ) was established with the intent of opening South Korea to
Songdo International City
The
Today, Songdo is a community of 167,000 residents located within one of three Free Economic Zones (IFEZ) in Incheon, South Korea. The project has been approximately 86% completed. Aside from residential areas, the location is also home to a Global Campus, Pharma Hub, Startup Center, and international organizations such as the Green Climate Fund.[6]
Yeongjong Island
Cheongna
The
References
- ^ Free Economic Zones in Korea: The Future of Northeast Asia, United Nations Public Administration Network
- ^ Incheon FEZ Archived 2012-08-05 at the Wayback Machine, Korea Free Economic Zones
- ^ Free Economic Zone(FEZ) Archived 2012-09-22 at the Wayback Machine, Invest Korea
- ^ "Yoon Won-seok Inaugurated as Commissioner of Incheon Economic Zone-".
- ^ a b c d "IFEZ Official Website-".
- ^ a b "Songdo International City".