INCHEON, Sept. 9 (Korea Bizwire) – More than one trillion won is expected to be invested in the ‘Golden Harbor Development’ project at Incheon’s Songdo International Business District. The Incheon Port Authority announced that they will sign an MOU with BizPost Korea, an affiliate of the American corporation BizPost, related to investment in the Golden [...]
INCHEON, Aug. 19 (Korea Bizwire) – The ‘Songdo Waterfront Project’ is schedule to start in the latter half of this year. The project will connect the canals and lakes around Songdo International City in the Incheon Free Economic Zone. The local government announced that they would establish a master plan for the Songdo Waterfront Project in [...]
SEOUL, June 23 (Korea Bizwire) – The Middle East Respiratory Syndrome (MERS) is spreading nationwide, with 175 confirmed patients and a death toll of 27 as of June 23, and only Incheon is free from the deadly virus. Although its neighboring cities and counties like Gimpo, Bucheon and Siheung have MERS patients, the second largest port city [...]
SEOUL, March 18 (Korea Bizwire) — The city of Incheon is initiating a massive tourist project for its 168 islands, said local officials on March 17. Although the islands off the city’s coast are blessed with natural beauty, they are often overlooked by tourists due to a lack of tour infrastructure. First of all, a complex will [...]
Seoul, Mar. 4 (Korea Bizwire) — The Investment Corporation of Dubai (ICD) is talking with the city of Incheon to join a 3.6 billion dollar business town project called ‘Future City’ in Incheon’s Gumdan district. Incheon Mayor Yoo Jeong-bok accepted a letter from Khalifa Al Daboos, Deputy CEO of the IDC, on March 3 in Dubai. Gumdan Future City will [...]
SEOUL, March 2 (Korea Bizwire) — Incheon, the South Korean host of the 2014 Asian Games, has reached a consulting agreement with the event’s next host, hoping to share its experience and knowledge of staging the continent’s largest multisport competition, officials said Monday. The organizing committee for the 2014 Incheon Asian Games said its secretary-general, [...]
SEOUL, Feb. 21 (Korea Bizwire) — The city of Incheon will install 349 sets of CCTV surveillance cameras by 2018 as part of its crime prevention efforts. According to an announcement from the city government on February 20, 49 sets of cameras will be installed this year and 100 sets in each of the following three years. [...]
SEOUL, Feb. 16 (Korea Bizwire) – Incheon International Airport, Seoul’s main gateway, has been named the world’s best airport for a record 10th consecutive year, officials said on Monday. The airport grabbed the annual Airport Service Quality (ASQ) Award, presented by the Airports Council International (ACI), as the best in the business, the operator [...]
SEOUL, Jan. 12 (Korea Bizwire) — South Korean port city Incheon said Monday it is in talks with Chinese retail giant Alibaba Group for an investment that informed sources said would be in the range of 1 trillion won (US$924 million). “It is true that we are in talks with Alibaba for investments in [...]
INCHEON, Oct. 14 (Korea Bizwire) –BMW AG, a world leading automotive brand, will establish its fifth global R&D center in Incheon, South Korea, as it reinforce its investment in the Asia-Pacific region, a lucrative market where the German brand witnesses growing sales. The BMW Group, which already announced its plan to build the ultimate test drive [...]