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IFEZ, British group ink MOU on wetland project

The Incheon Free Economic Zone (IFEZ) inked an agreement with a wetland restoration organization as the city pushes to accelerate the recognition of Songdo International City as an environmentally friendly and sustainable city.

2026.7.14

Incheon Mayor Yoo Jeong-bok poses for a photo after signing a memorandum of understanding during a ceremony for the Cheongna Culture Contents Complex, also called I-CON City, at Incheon City Hall on Jan. 21, 2026. From left, fourth, are Richard C. Kessler, chairman of The Kessler Collection; Yoo; and Kang Oh-soon, head of regional balance at the Korea Land and Housing Corporation. [INCHEON FREE ECONOMIC ZONE]

Incheon inks agreement with Kessler Collection, state land corporation on Cheongna I-CON City complex

The Incheon Free Economic Zone Authority signed a memorandum of understanding with U.S.-based hospitality company The Kessler Collection and the Korea Land and Housing Corporation on a culture and tourism complex in Cheongna International City.

2026.1.21

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A photo of the announcement of the AI City Initiative at the Smart City Summit [IFEZ]

IFEZ shares vision of AI-powered cities at ‘Global Top 10 City Week 2025’

The Incheon Free Economic Zone Authority (IFEZ) kicked off its “Global Top 10 City Week 2025” event at Songdo Convensia and Gyeongwonjae by Walkerhill on Monday, with AI taking center stage.

2025.12.3

Officials, representatives and scholars from global companies, research institutions and universities attended the 2025 AI-Bio Conference in Songdo, hosted by the Incheon Free Economic Zone Authority on Nov. 7. [INCHEON FREE ECONOMIC ZONE]

IFEZ hosts medical summit on AI acceleration in drug discovery

The Incheon Free Economic Zone (IFEZ) brought together corporations, researchers and academic institutions from around the world to explore how artificial intelligence can accelerate breakthroughs in new drug discovery and precision medicine.

2025.11.7

The Incheon Free Economic Zone Authority hosts an investment promotion session at the Sheraton Grand Incheon Hotel on Oct. 28. [INCHEON FREE ECONOMIC ZONE]

Incheon Free Economic Zone makes pitch to overseas Korean business leaders

The Incheon Free Economic Zone hosted an investment session at the 2025 Korea Business Expo, showcasing development projects and inviting collaboration from overseas Korean business leaders to enhance global investment.

2025.10.28

The Incheon Free Economic Zone (IFEZ) [INCHEON FREE ECONOMIC ZONE]

Foreign direct investment in Incheon Free Economic Zone reaches more than 90% of its annual goal

Foreign direct investment in the Incheon Free Economic Zone reached more than 90 percent of its annual goal by the third quarter of 2025, fueled by strong investor interest in biotechnology and other strategic sectors.

2025.10.13

Kessler Collection Chairman and CEO Richard Kessler, left, and Incheon Mayor Yoo Jeong-bok pose for a photo at a letter of intent ceremony at the Incheon Metropolitan City Hall on June 12. [IFEZ]

Kessler Collection to invest in Incheon's K-Con Land project

Kessler Collection, a U.S.-based hospitality management brand, will invest in real estate in Incheon's development project to build a multicomplex spanning commercial, cultural and business facilities.

2025.6.12

Incheon Port Authority President Lee Kyung-kyu, left, and Yoon Won-seok, commissioner of the Incheon Free Economic Zone Authority, signed a memorandum of understanding to enhance cooperation between the two organizations for the Golden Harbor project at the G-Tower in Songdo, Incheon, on April 30. [IFEZ]

IFEZ, IPA ink deal to raise overseas funds for Incheon's 'Golden Harbor'

The IFEZ and IPA signed an MOU to enhance investment for the Golden Harbor project, developing a multimodal complex with amenities like hotels and parks in Songdo, Incheon.

2025.5.1

Incheon Free Economic Zone and Mumbai Metropolitan Region Development Authority officials discuss ways to collaborate on smarty city development and operation at the India Global Forum in Mumbai, India, on April 8. [INCHEON FREE ECONOMIC ZONE]

IFEZ discusses exporting smart city model with Indian municipalities

The Incheon Free Economic Zone (IFEZ) discussed ways to collaborate on exporting its smart city infrastructure model with Indian authorities and signed an agreement with a local university for smart city research, its office said Thursday.

2025.4.10

Foreign companies investing in the Incheon Free Economic Zone (IFEZ) pose for a photo after the “IFEZ Foreign Investment Companies CEO Policy Meeting” held at the Gyeongwonjae Ambassador Incheon hotel on March 11. [Incheon Free Economic Zone]

IFEZ hits 51% of 2025 FDI target in Q1 with $309M raised

The Incheon Free Economic Zone (IFEZ) reported $309.61 million in foreign direct investment (FDI) in the first quarter of 2025, attaining 51.6 percent of its annual target in just the first three months of the year.

2025.4.9