INCHEON, Oct. 4 (Korea Bizwire) – The Songdo International Business District is quickly establishing itself as a new hub for the biotech industry, already housing major pharmaceutical and healthcare enterprises like Samsung BioLogics and CellTrion, and attracting further investment from global firms. According to industry watchers, GE Healthcare and Merck Group will open new training [...]
INCHEON, Sept. 27 (Korea Bizwire) – Songdo International Business District (Songdo IBD) in Incheon is set to become the staging area for a new medical complex for specialized hospitals (hospitals specializing in a specific field of medicine), the first of its kind to be established in Korea. Unlike conventional medical complexes, which are often formed [...]
SEOUL, May 4 (Korea Bizwire) – Korea’s only in-city racing festival, The Brilliant Motor Festival 2016, will be held at the Songdo International Business District (SIBD) on May 21 and 22. The event, which is celebrating its three-year anniversary this year, will be hosted by Hyundai Motors, the Incheon Free Economic Zone Authority, and the [...]
INCHON, Dec.28 (Korea Bizwire) – A plan to build an apartment for foreign professors in the Songdo International Business District will be pushed forward. According to the local office of Incheon Free Economic Zone, a plan to build an apartment exclusively for foreign professors, will be laid out due to the increase in the number [...]
SEOUL, Nov. 8 (Korea Bizwire) — The South Korea-based United Nations climate fund has endorsed eight initial projects worth US$168 million to help developing countries deal with climate change, Seoul’s finance ministry said Sunday. In the 11th meeting of the board of directors in Livingston, Zambia, from Nov. 2-5, the Green Climate Fund (GCF) approved [...]
Songdo, Incheon. (Image : Yonhap) INCHON, Oct. 19 (Korea Bizwire) – An artificial island to protect rare bird species will be created at the mud flats near Songdo, Incheon, an area designated as a Ramsar wetland. According to the Incheon Free Economic Zone Authority, 5.9 billion won will be invested to build an artificial island [...]
SEOUL, Sept. 10 (Korea Bizwire) – As the number of foreign residents continues to increase rapidly, the housing rental market targeting them is expanding and diversifying. According to real estate industry watchers, the preferred residential areas for foreigners are expanding from traditionally popular places like Hannam-dong, Itaewon and Yongsan to Mapo in Seoul, Songdo in Incheon and Pyeongtaek in Gyeonggi [...]
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 [...]
INCHEON, Korea, Feb. 28 (Korea Bizwire) – The New York Fashion Institute of Technology (FIT), one of world’s best fashion institutes, will offer courses in Korea from March 2017, choosing Incheon for its first foray into the Asian market. The Incheon Free Economic Zone (IFEZ) announced on February 26 that it signed an MoU with FIT and [...]