- Scheduled visits to Monaco and the US starting May 24, for six nights and eight days -
- Activities to host Formula 1 (F1) and attract investment from global corporations -
Incheon Metropolitan City Mayor Yoo Jeong-bok declared his policy of putting Incheon in the “Global Top 10” and is carrying out operations to expedite Incheon’s sales.
Incheon Metropolitan City announced that Mayor Yoo Jeong-bok will be on an overseas trip to Monaco and the United States (New York, New Jersey) from May 24 to May 31 to initiate activities to host Formula 1 (F1) and discuss investments with global corporations. The trip will last six nights and eight days.
<Yoo Jeong-bok, Mayor of Incheon, is explaining investment attraction plans at the “Global Top 10 City Incheon” investment briefing held on May 7 at the INSPIRE Entertainment Resort in Jung-gu.>
First, Mayor Yoo Jeong-bok will meet F1 officials in Monaco on May 25 and develop future plans and procedures for hosting F1 in Incheon based on the city’s design for its urban circuit.
Later, he will visit New York to meet the founder of Highline Park to exchange thoughts on urban regeneration and devise policies that can apply to the Incheon Urban Regeneration Project, including the Jemulpo Renaissance, which was Mayor Yoo’s first pledge during the 8th Local Election campaign.
He will also announce his plan to build a Korean trade complex for overseas Koreans. Furthermore, he will be greeted by global corporations and high-ranking officials from the New Jersey Economic Development Administration to address investment cooperation measures.
Incheon’s international exchange network will also be reinforced.
Mayor Yoo will meet the Governor of New Jersey to discuss ways to empower exchanges and amicable collaborations between the two cities and host the ceremony of dedicating the Incheon Memorial Monument at the Korean War Veterans Memorial, located in Jersey City, to commemorate the noble sacrifice of soldiers who fought in the Korean War.
Mayor Yoo said, “Formula 1 Incheon Grand Prix, which will be held as an urban race, will be the perfect opportunity to promote Incheon worldwide, along with economic benefits,” adding, “This trip will be a foothold for Incheon to soar as a ‘Global Top 10 City’ by attracting investment from global corporations and through other activities.”
