- Presented global corporate attraction strategies for Songdo, Cheongna, and Ganghwa centered on Yeongjong -

- Rapid investment attraction through investment attraction agreement with 12 companies and institutions -

Incheon has embarked on a full-scale investment attraction targeting global companies to elevate its status as one of the world’s top 10 cities.

<Mayor of Incheon Metropolitan City Yoo Jeong-bok explained the investment attraction at the “Global Top 10 City Incheon Investment Briefing”, held at the Inspire Entertainment Resort in Jung-gu on the 7th.>

<Mayor of Incheon Metropolitan City Yoo Jeong-bok took a commemorative photograph with representatives from institutions and companies after concluding investment attraction agreements at the “Global Top 10 City Incheon Investment Briefing”, held at the Inspire Entertainment Resort in Jung-gu on the 7th.>

On May 7th, the Mayor of Incheon Metropolitan City Yoo Jeong-bok held the “Global Top 10 City Incheon Investment Attraction Briefing” at the Mohegan Inspire Entertainment Resort. The mayor declared the expansion of the New Hong Kong City project to develop Incheon into one of the “Global Top 10 Cities.” 

The briefing was attended by over 250 attendants including representatives and relevant stakeholders from around 80 domestic and international companies, such as the Philippines’ LCS Group, Lotte Biologics, Korea Zinc, GM Korea, and Daejoo Heavy Industry.

Mayor Yoo Jeong-bok introduced the successes of Incheon businesses at the beginning of the “Global Top 10 City Incheon Investment Attraction (Strategies)” presentation and concluded investment attraction agreements with 12 companies and institutions.

“Global Top 10 City Incheon” maintains the goal of the “New Hong Kong City Project”, a core pledge of the 8th administration, but expands the scope beyond companies departing Hong Kong to include domestic and international companies. 

The project involves attracting global companies to Songdo, Cheongna, Ganghwa, and Ongjin as strategic hubs centered on Yeongjong.

As core leading projects, the establishment of the Green Bio Foundry, Marine Therapy Zone, and Eco-friendly Wellness Residential Complex at the southern tip of Ganghwa and the construction of a bridge between Yeongjong and Ganghwa remain core leading projects will be executed. 

Phase 1 currently in progress is the Yeongjong to Sindo section which is near completion with an anticipated opening at the end of 2025. Phase 2 will be the construction of a bridge between Sindo and Ganghwa. 

Yeongjoing will become the platform for cutting-edge industries (the third reservation district), such as biotechnology, with a coastal wetland-themed wetland eco-park (dredged soil field), a composite recreational fishing complex, a global welcome village for overseas Koreans (Jungsan Marine City), and a marine leisure zone (Geojampo).

Cheongna will be the home to a specialized financial complex through the integration of various financial institutions such as the Environmental Complex Research Park and Hana Financial Town while Songdo has been the bio-hub with a virtuous cycle of research and development (R&D), talent development and employment as well as the high value-added logistics hub with a new port hinterland. Plans are underway for the world’s largest cultural complex facility, K-ube, in the inner harbor area to develop a city specialized in cultural tourism, multiplex businesses, and an industrial economy linked to the “Jemulpo Renaissance” project.

Mayor Yoo Jeong-bok stated, “We will swiftly push forward leading projects for plans that leverage Incheon’s competitiveness and strengths to come to be one of the global top 10 cities and devote all our efforts to encouraging corporate investments.”