Incheon’s Land Area Grows by 2.4㎢
Incheon City announced that its total land area increased by 2.4㎢ from last year, now reaching 1,069.5㎢ (669,028 parcels). This increase is estimated to bring an economic value of about 2.3 trillion.
The main reason for this growth is new land registration from reclaimed areas in Songdo, Yeonsu-gu—1.5㎢ from Zone 11-2 and 0.9㎢ from Port Hinterland Zone 10.
In 2024, land types such as mixed-use, forest, and rice fields decreased by 2.5㎢ (-0.5%). Meanwhile, land used for infrastructure (buildings) increased by 2.2㎢ (2%), and parks and leisure areas rose by 1.2㎢ (4%).
Incheon Robot Land Begins Construction
The Incheon Robot Land project, first planned in 2007 as a national project, is starting again after 18 years. This project had long delays due to lack of private investment, but it is now moving forward.
Incheon Housing and City Corporation (iH) said they began building infrastructure at the site in Cheongna International City last month.
The construction covers 720,000㎡ of land, excluding the planned areas for a 23-story Robot Tower and a 5-story Robot R&D Center.
IFEZ Attracts $309.61M FDI in Q1
IFEZ announced it attracted $309.61 million in FDI during the first quarter of 2024.
This is the second highest first-quarter record since the agency was founded in 2003. The amount also accounts for 51.6% of this year’s FDI goal of $600 million.
An official said, “We will exceed the FDI target again this year, just like last year.”
Record Pop-Up Store at Old Chinese Shop in Incheon
Incheon City and Incheon Tourism Organization announced they will hold the ‘2025 Record Pop-Up Store’ on April 12–13.
The pop-up is part of the ‘Have A Nice Day #11’ music festival and will take place inside an old Chinese shop in the Incheon Open Port area. This is the first pop-up event using the old shop, offering unique content in a limited space. It aims to create branding for the space and give visitors a special experience of both past and present.
The Tourism Organization plans to turn this forgotten space into a new cultural spot that represents local trends in the Open Port area.
Sources: https://news.ifm.kr
