ifez intro

Contents

Korea

• The 10th Largest Economy

• World’s Largest Semiconductor/LCD

Manufacturing & Shipbuilding

• 5th Largest Automobile Maker

• IT Innovator of Wi-bro, DMB, CDMA

• Global Leader of BT Research Industry

• Country With High Percentage College Graduates

▪ Location: Northwest Coast of Korea - Appx. 41.8km from Center of Seoul - Appx. 1 Hour drive ▪ Size: 209 km2 (1/3 of Seoul or Singapore) ▪ Planned Population : 512,000 ▪ Development Period: 2003~2020

IFEZ(Incheon Free Economic Zone)

Yeongjong

138km2

Cheongna

18km2

Songdo

53km2

Vision

▪ Implantation of Sustainable Industries - Knowledge-based Industry (IT/BT/NT/GT) - Logistics - Leisure & Tourism

▪ Establishment of Living Environment - Smart City Management * Biodiversity * Energy & Resource Efficiency

▪ Competitive Business Environment - Minimize Legal and Administrative Regulations for Businesses - Provide Advanced City Management Utilities and Facilities for Global Business Activities - Design Business Incentives to Maximize Company Profits

Mission

1904 Gateway to Korea

Since 1904, Incheon City became an economic and cu

ltural gateway to Korea

1970’s Industrial Zone

Incheon City’s industrial zones in the 1970s were at the forefront in Korea’s industrial

modernization

2001 International Airport

The Incheon Int’l Airport, opened 2001, has emerged as one of the best airports in th

e world

City of Incheon

2003 Launching IFEZ

Successfully create Korea’s first Free Economic Zone in

Songdo, Incheon

“IFEZ can make use of timely Business dynamics in the Northeast Asia region”

Start of IFEZ

IFEZ is located in the center of Northeast Asia :one of the 3rd largest trading blocks :24% of global GDP :1.5 billion of population (1/3 of world’s population)

IFEZ is connected to 61 cities each with over 1 million population within 3 ½ hour flight

25 million domestic consumers are living in the vicinity of IFEZ

Tidal mudflats become a land of constructions and expected growth

Start of IFEZ

Site Formation Appx.117Km2 (56% of IFEZ) Reclaim

ed

-Reclamation completed: 83Km2

-Reclamation under way: 34Km2

Multi-facet transport system provides convenient and efficient access to IFEZ and major markets

Features

- Cargo Volume: World’s 2nd (2008: 2.4 million ton)

- Passenger Traffic: World’s 10th (2008: 30 million travelers)

- Connected to 169 Cities Globally

- Annual Growth of over 20% (from 2005 to 2007)

- Incheon Newport to be Completed by 2020

- High-ways and Trains

- Diversified Mass Transit Systems

• Incheon Int’l Airport

• Seaport

• Inland transportation

City Development

• Greenery & Waterfront accounts for 32% of total area

• ‘Green Urbanism’ pilot project for LEED* for Neighborhood Development Certification

• Underground Garbage Processing Systems & Water Recycling System

Compact City Smart City Green City

• Business, High-tech Industry, Medical, Education, Culture & Art, Shopping, Tourism, Golf & Leisure

• Self Sufficient City within 5km radius or 5 minute’s Driving Distance

•`Just Plug-In` : Established IT Network Infrastructure with other Urban Infrastructures in the Common Utility-Pipeline

• U-transit, U-security, U-environment protect, U-disaster prevention, U-information service will be available

* LEED (The Leadership in Energy and Environmental Design): Green Building Rating System, developed by the U.S. Green Building Council

Songdo: International Business & Knowledge Industries

Songdo District | Area : 53.4 ㎢ |

| Population Projection : 252,000 | | Major Development Projects: IT·BT, International Business, Education, Research, Amenities |

Incheon Tower IFEZ Art Center

Int’l School

ConventiA Central Park

Logistics Area

Landmark City

International Business District

Bio-Medi Park

Newport

Logistic Complex

Int. Hospital / Technopark

Yonsei University

International Campus

Global University Campus

International Academy & Research Center

Knowledge-base Industry Complex (RFID Fab)

Yeongjong: International Logistics & Tourism

Yeongjong District | Area : 138.3 ㎢ |

| Population Projection : 169,000 | | Major Development Projects: Logistics, Tourism, Health Care, Education, and Culture |

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Incheon Bridge

Airport railway, Highway

Aviation Cluster

(0.5 ㎢)

Airport Logistic Park

(3.1 ㎢)

Incheon Int’l Airport

(46.6 ㎢)

Yongyu & Muui

Tourism Complex

(24.4 ㎢)

Woonbook Leisure

Complex (2.7 ㎢)

Milano Design City

(3.7 ㎢)

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| Area : 17.8 ㎢ | | Population Projection : 90,000 |

| Major Development Projects: Int’l Business, Hi-tech Industry, Leisure & Sports |

Cheongna Station

Residential

Seoul-Incheon Highway (planned)

SNU-KAIST BIT-Port

(0.5 ㎢)

Int’l Business District

(1.3 ㎢)

Robot Land

(0.8 ㎢)

Floriculture Complex

(0.4 ㎢)

Bear’s Best Golf Course (1.5 ㎢)

Incheon Hi-Tech Park

(1.5 ㎢) -GM Compact Test Track

Cheongna: International Business & Leisure

Cheongna District

Personalized Medicine Regenerative Medicine

• International Hospital • Yonsei Univ. Hospital

Medical Services

• Bio-Pharmaceuticals • New Medical Devices • Pre-Clinical, Clinical Res

earch

R&D and Production

• U-Health • Fusion Technology

Infra

Medical & Bio Cluster

• SUNY Stony Brook • Ghent University • Univ. of Delaware • George Mason Univ. • UIUC

Global Universities

• Yonsei Univ. • Univ. of Incheon • Inha Univ. • Hankuk Univ. of Foreign

Studies

Domestic Universities

• Salk Institute • University of Utah • POSCO R&D Center • MD Anderson (Preclinica

l Center) • CEWITT • Lee G.Y. Cancer & Diab

etes Center

Research Institutes

East Asian Studies & Research-Base for Overseas Institutes

Human Resources Powerhouse for Global

Corporations and Research Institutes

Global Education & Research Opportunities

for Korean Institutes

Education & Research Cluster

• RFID/USN center

RFID/USN

Knowledge-based Industrial Complex

IT Convergence Valley Aviation Cluster Vehicle Cluster

• Aviation training center

• Aerospace engineering

Aerospace

• Renewable energy cluster

Renewable Energy

• Advanced auto-parts & electronics

• Mando-Hella Electronics

Automobile Parts

• Game, Music, Animation related company

IT based contents

High-Tech Cluster

• Hotels for business & tourism

Hotel

• Large scale integrated casino resorts

Casino Resort

• Art center • Musical concert

hall • Exhibitions

Culture Facilities

Yongyu-Muui Tourism Complex

Woonbook Leisure complex

Milan Design City

(Triennale Design Hall, Science Museum, Music

conservatory)

IFEZ Arts Center

• Motor Speedway

• Golf courses • Marina

Leisure Sports

• Robot land • Holyland (them

e park)

Theme Park

Culture & Tourism Projects

U-IT technology Development

U-IT Commercialization

U-Business Model Development

U-Transportation Plaza

U-City Experience Zone, etc.

Ubiquitous Technology is Blossoming at IFEZ

Ubiquitous Technology

U-tech. Support Institute

U-life Experience Zone

IFEZ records in investment as of 2011

Investment Status

Total Amount (Million USD) Developers Resident Institutions Contract $ 1,583.6 8 37

MOU $ 3.0 1 14 Total $ 1,586.6 9 51

Total Amount (Million USD) Developers Resident Institutions Contract $ 4,117.8 1 26

MOU $ 738.1 1 13 Total $ 4,855.9 2 39

Foreign Direct Investment

Domestic Investment

Master Developers Muiti-National Corporations Schools and R&D Institutes

• AMB Property • Crucell • GM • Gudel AG • Hella Electronics • Satorius • Schenker • IBM • CISCO • GE Healthcare • Boeing

• AMEC • Gale International • Lippo Group • Pangaea • Portman Holdings • POSCO E&C

• IBM Bio Research Center • Lee Gil Ya Cancer & Diabetes Institute • POSCO R&D Center • Salk Institute • Chadwick Int. School • U of Delaware • CEWITT • Yonsei Univ.

IFEZ has a Range of Capable Partners from Home and Abroad

Progress

· Area: 5.7㎢ · Construction Period: 2003 ~ 2014 · Cost: 24 Billion USD · Developers: NSIC (Gale International, POSCO E&C)

International Business District

· Area: 0.1㎢ · Construction Period: Oct. 2008 (1st phase) ~ 2012 (2nd, 3rd phase) · Cost: 300 Million USD · Developers: NSIC (Gale International, POSCO E&C)

Songdo Convensia

· Area: 251,545㎡ Business facilities, residential facilities (65 story) · Construction Period: 2008 ~ 2011 · Cost: 351 Million USD · Developers: NSIC (Gale International, POSCO E&C)

NEATT (North East Asia Trade Tower)

· Area: 1.4㎢ · Construction Period: 2006 ~ 2012 · Cost: 2.7 Billion USD · Developers : Songdo Global Academic Complex Co., Ltd

Yonsei University International Campus

· Area: 6.5㎢ (Industrial technology complex, Business/composite facilities) · Construction Period: 2008 ~ 2013 · Cost: 3.2 Billion USD · Developers: Songdo Techno Park Incorporated

Science Village

· Area: 81,275㎡ (RFID/USN General support center) · Construction Period: 2006 ~ 2010 · Cost: 331 Million USD · Developers: Incheon City, Ministry of Knowledge Economy

RFID/USN Center (u-IT Cluster)

· Area: 0.1㎢ (The Opera House, The Concert Halls, Music School, etc. ) · Construction Period: 2008 ~ 2012 · Developers: NSIC

Art Center

· Area : 2.7㎢ (Casino resort, snow world, hotels, landmark tower, Chinese language village) · Construction Period: 2006 ~ 2014 · Developer : Lippo consortium, IUDC

Woonbook Leisure Complex

· Area : 24.4㎢ (Integrated Hotel Resort, Marina, Shopping Malls, Residential) · Construction Period: 2004~2020

CURRENT FUTURE

Yongyu • Muui Tourism Complex

· Area: 538,000㎡ (Academy-industrial research facilities) · Completion Year: 2014 · Cost: 800 Million USD · Developers: Incheon City, Seoul National University & KAIST

BIT-Port

· Area: 0.8 km2

(Function: Industry-related theme park focusing on robot) · Completion Year: 2013 · Cost: 785 Million USD · Developers: Incheon City

Robot Land

GM R&D Center

Mando-Hella Electronics

Mando-Brose Corporation

Incheon Aviation Tech

Boeing

Samsung Biologies

Dong-A Pharm. Co., Ltd.

Veolia Water

The End of Presentation

Thank You

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