We Build Success. We Build Success. Incheon Free Economic Zone. Incheon Free Economic Zone. English

Incheon Free Economic Zone W e B u i l d S u c c e s s Incheon Free Economic Zone We B u i l d S u c c e s s English Contents 10 12 14 The Inche...
1 downloads 0 Views 4MB Size
Incheon Free Economic Zone

W e B u i l d S u c c e s s Incheon Free Economic Zone

We B u i l d S u c c e s s

English

Contents 10 12 14

The Incheon Free Economic Zone,

16

Business & Finance

40

the choice of global companies

20

Logistics

Appendix Aerial photograph

One-stop service

New model of a global business city,

24

Advanced industry

the Incheon Free Economic Zone

28

Bio-Medical

Prospective Business

32

Education

36

Tourism & Culture

Where to live, how to work and what to enjoy Systematic city planning and perfect construction for you This is the Incheon Free Economic Zone, Korea

Business and Living All Together The Incheon Free Economic Zone is a new international hub for business where people can live, work and enjoy their lives all in the same place. This dynamic evolving city will become the cornerstone of your success.

Incheon Free Economic Zone

2/3

Harmonious Green City Life in the Incheon Free Economic Zone is peaceful and abundant with parks and broad fields of green covering more than 30% of the city. There is a new daily waste incinerating facility, a treated sewage recycling system and other systems, which work beyond eyeshot.

Incheon Free Economic Zone

4/5

Ubiquitous Technology for Tomorrow City The implementation of the U-City(Ubiqutous City) system based on IT technology that allows you to take part in daily tasks more quickly and efficiently whenever and wherever you want. Your life will be more comfortable with technology you never experienced before.

Incheon Free Economic Zone

6/7

& More… Incheon Free Economic Zone

8/9

IFEZ’s Advantages

The Incheon Free Economic Zone, the choice of global companies

Geographical advantage Now, the Incheon Free Economic Zone has caught the attention of world business

RUSSIA CANADA

leaders. From here you can visit 61 megacities in 3.5 hours flying time and do business EUROPE

with more than 1/3 of the world’s population. The city in a good position for those who

ASIA

IFEZ

want to enter the Chinese market due to its close proximity to major cities in China such as Beijing and Shanghai. CHINA INDIA

Beijing

With the city’s strategic location just a 20 minute drive from Incheon International

Hong Kong

Airport, which has been consecutively rated as number one in the world in airport service and emerged as the main hub of Northeast Asia, and the Incheon port with the most advanced infrastructure, keeping the pace of business humming along. Plus, the transportation network allows you to get Seoul and the metropolitan area within one hour.

Incheon

Shanghai

Perfect infrastructure

NORTH AMERICA UNITED STATES OF AMERICA

Tokyo

1hr 2hr MEXICO

3hr

AFRICA

Singapore INDONESIA SOUTH AMERICA BRAZIL

Highly educated manpower Korea is recognized for its high level of education by the major industrialized nations of the world. The Incheon Free Economic Zone can indeed maximize the use of highly

AUSTRALIA

ARGENTINA

educated manpower in high-tech industries including IT, BT and NT due to its close proximity to the metropolitan area of Korea. NEW ZEALAND

Incheon Free Economic Zone

10 / 11

IFEZ Overview

New model for global business city, the Incheon Free Economic Zone

nal atio tern sway n I eon pres Inch ort Ex Airp al tion rna Inte ay n o e ilw Inch ort Ra Airp

The Incheon Free Economic Zone is an international city that the Korean government has designated as the foremost site for global business to become the driving engine for the best economic activity. The IFEZ consists of Sondgo, Yeongjong and Cheongna forming a triangular district for development.

Area : 169.5㎢

Cheongna Gyeongin Expressway

ge Brid 3rd

Infrastructure development costs : 36.36 trillion won Estimated population : 640,800 people

Incheon North Port

2n dB rid ge

Songdo Development plan: international business, IT, BT, R&D Area : 53.3㎢ Infrastructure development costs : 10.42 trillion won Estimated population : 252,000 people

Incheon International Airport

Yeongjong

Incheon Inner Port

Inc he on

Br idg e

Incheon Coastal Port

Yeongjong Development plan: airport, freight, tourism Area : 98.4㎢ Infrastructure development costs : 19.71 trillion won Estimated population : 298,800 people

3rd Gyeongin Expressway

Songdo Cheongna Development plan: finance, leisure, advanced vehicles Area : 17.8㎢ Infrastructure development costs : 6.23 trillion won Estimated population : 90,000 people Incheon New Port

Incheon Free Economic Zone

12 / 13

2nd Gyeongin Expressway

Prospective Business The Incheon Free Economic Zone will create various infrastructure for business, logistics, advanced industry, bio-medical, education, tourism, culture and leisure.

All of these businesses will cooperate with each other to generate an incredible level of synergy.

Incheon Free Economic Zone

14 / 15

1

Business & Finance

2

Logistics

3

Advanced Industry

4

Bio-Medical

5

Education

6

Tourism & Culture

Business & Finance The Incheon Free Economic Zone offers a great business opportunity for all. Despite realistic difficulties, the Incheon Free Economic Zone has steadily continued to prosper. A skill to embody touchscreen technology in everyday has an vital impact in the work, life, education and leisure activity of people. I have no doubt that Korea is a world leader in this field. SMART+Connected Communities and the U-City initiative will be able to utilize Incheon as a showcase to introduce such technology all over the world.

Cisco’s executive director of the Solutions Project in the Asia-Pacific

Munish Khetrapal

Incheon Free Economic Zone

16 / 17

We Build Success

Business & Finance

Various and efficient business environments in which office buildings,

New business paradigm

convention centers, hotels and golf-clubs are located just a 30-minute walk from the central international business complex

One stop business center for all your needs

Another business after business The Incheon Free Economic Zone is not

The International business complex in

only designed as an optimal business

the Incheon Free Economic Zone has

environment, but also as a residential

skyscrapers including the 71-floor Northeast

environment.

Asia Trade Tower(NEATT), the convention Incentives, Convention, Events & Exhibition)

market is on the rise, the Incheon Free

Park of New York City, is a green oasis in

project, a world-class hotel and a golf-

Economic Zone, with a great business

the heart of a bustling city and the Jack

resort.

environment, proposes a new business

Nicklaus Golf Resort with conference

paradigm to the world.

room, spa and luxurious restaurant creates

Cisco, Samsung, IBM and several global

another business environment with different

companies have already moved into the city

The city’s location just 20 minutes drive

and opened their business.

from the world-class Incheon International

atmosphere with in the city.

Airport and the Incheon port with the most

In addition, visitors can have a wonderful

As the Chinese market is beginning to

advanced facilities and one hour from

evening after work at the world-class hotel,

represent an increasing share in the world

Seoul, the capital of Korea and nearby area

retail center, major supermarkets, the movie

economy and the importance of the Asian

broadens its business environment.

Songdo International business complex is the center of business and finance

Songdo Convensia hosts international conferences, events and exhibitions

Incheon Free Economic Zone

Central Park with its green spaces and water taxis provides an ideal place to relax and go sightseeing

Songdo Central Park, inspired by Central

center for international MICE(Meeting,

18 / 19

Jack Nicklaus Golf Club is an 18-hole championship golf course designed by Jack Nicklaus himself

theater and many local restaurants.

There is a world-class hotel and a commercial area nearby

We Build Success

Business & Finance

Logistics Incheon Free Economic Zone is of vital strategic importance for Northeast Asia connecting China and Japan. Likewise, the city plays a very important role in terms of efficiency. Logistic costs and shipping times are significantly reduced if the freight passes through the Incheon Free Economic Zone. Support from the Korean government and the City of Incheon is a huge help for a global company like ours. DHL Korea will continue to develop an integrated business strategy to offer an efficient one-stop service to customers under an amicable relationship with the Incheon Free Economic Zone.

DHL Korea

Chris Callen

Incheon Free Economic Zone

20 / 21

We Build Success

Logistics

There exists an advanced logistics service environment that

Gateway to Northeast Asia

allows companies to significantly reduce the delivery time and cost of logistics by grasping an accurate flow of delivery and responding to the customers’ requests in a prompt manner

Incheon International Airport, the world’s best airport in customer service for 6 years running and the second largest in terms of air freight

Incheon Free Economic Zone has the best environment for a logistics company to

Prompt and effectual logistics

deliver product accurately and rapidly to Korea and all over the world as the city has

As E-business becomes the core of global

a free trade zone in which global logistics

competitiveness, the city’s adjacent postion

companies such as DHL, DB Schenker and

to the airport attracts attention as the

AMD and domestic logistics companies

best location for global business. Incheon

have moved in.

International Airport and Incheon port are contiguous to the Incheon Free Economic

In addition, global logistic companies

Zone.

settled in the city can take advantage of an advanced logistics service to grasp the

Incheon International Airport, which serves

flow of delivery and reduce travel time and

63 airlines and 150 cities in 50 countries

costs thereby, those companies that have

(September, 2011) and has 4,500,000 tons

moved into the city can instantly respond

of cargo pass through it each year and

to customers’ demands through a global

Incheon port, the major logistics center

logistics company.

of the Yellow Sea area, has seen a 10% increase in annual commercial traffic for the

The perfect logistics environment of the

last 5 years and is expected to expand to

Incheon Free Economic Zone quickens the

152 berths by 2020.

pace of business even more.

The fifth biggest cable stayed bridge in the world Incheon Bridge connects Yeongjong (Incheon International Airport) and Songdo International City

Incheon Free Economic Zone

22 / 23

We Build Success

Logistics

Free trade zone behind Incheon International Airport

Incheon port

Advanced Industry Three years ago, our company chose the Incheon Free Economic Zone after careful consideration. Besides its close vicinity to the airport, we were attracted by the young, creative and outstanding manpower. Plus, all the advanced facilities were the crucial reason why we chose the Incheon Free Economic Zone.

Vice-president of Mando-Hella Electronics

Marcus Stehle

Incheon Free Economic Zone

24 / 25

We Build Success

Advanced Industry

Environment for advanced industry with the establishment

The undisputed IT powerhouse of the world

of an advanced industry cluster based on knowledge-based industry, the advanced aviation industry, the motor industry and the IT convergence valley

High-tech motor industry The Incheon Free Economic Zone is located nearby the metropolitan area of Korea and

Cheongna, the Incheon Free Economic

outshines its value as the best place for

Zone promotes the high-tech motor industry

utilizing the outstanding manpower.

including automobile parts manufacturing and research.

Knowledge based industry

Advanced aviation industry Incheon High-tech Park(IHP) located in

Songdo, the Incheon Free Economic Zone

Yeongjong, the island on in which Incheon

Cheongna is waiting for companies that

vibrant with international service enjoys

International Airport is located, is being

could lead the development of advanced

research that can lead the world economy

promoted as the center of the aviation

technology including automobile parts,

in the future in software and hardware

industry.

new materials, IT, advanced R&D and the robotics industry and GM Korea, which has

including outstanding manpower, facilities, Yeongjong of Incheon Free Economic

already moved in, to lead the automobile

Zone is soaring to new heights with an

industry by conducting a vehicle mobility

Knowledge-based industries rooted

aeroengine service center established

test and research and development at its

themselves in Incheon Free Economic Zone

by the IAT(Incheon Aviation Tech), a joint

R&D center. Also, Brose from Germany, the

and are constantly growing as the research

company between Korean Air and the

number one company in the automotive

centers and companies are based on IT,

world-class engine manufacture, UTC in

electric motor field and Mando, the Korean

BT and NT and the enterprise-supporting

the US and Asia’s biggest aircraft training

automobile parts manufacturer established

center founded by Boeing, the world’s

a joint venture to lay the ground to dominate

largest aerospace company.

the future of the automobile market.

equipment and data.

RFID/USN center, which makes creaseless efforts towards research and development

agencies have merged to amplify the synergy.

Songdo Techno Park, the center of knowledge-based industries

The company and research center with advanced IT technology continues to move towards the information and knowledge industrial complex

Incheon Free Economic Zone

26 / 27

R&D testing grounds of GM Korea

We Build Success

Advanced Industry

Bio-Medical Celltrion enjoys many benefits of the Incheon Free Economic Zone in terms of logistics and manpower. First of all, the city’s location near Incheon International Airport and Incheon port is a huge advantage for us to export our products to the global market. Plus, the city is a one hour drive from the metropolitan area and thereby, we can secure outstanding employees required for today’s knowledge-based industry.

Chief VP of Celltrion

Kim Hyunggi

Incheon Free Economic Zone

28 / 29

We Build Success

Bio-Medical

The Incheon Free Economic Zone offers the best

A new mecca of the medical and bio industry

environment to the medical and bio industry with good receptivity, a vast pool of experts and excellent research know-how

New market, outstanding technology and environment

Biologics in which Samsung has invested and bio technology companies have moved in and accelerated the growth of the bio

The Incheon Free Economic Zone provides

industry itself.

the best environment for the medical and

In addition, many domestic and foreign

bio industry.

research institutes including the Utah-Inha DDS research center, the CJ bio-technology

The Biosimilar market, of which patents will

research center, the GE health care

gradually start to expire in 2013 is expected

R&D center, the Hanil Science Industrial

to show huge growth.

laboratory and the Iwon Life Science

Berna Biotech Korea, established by

laboratory.

Crucell the world’s most famous biopharmaceutical company is presently

BRC(Bio Research Complex) was

developing a vaccine in Songdo, Incheon

established to develop new medicine and

Free Economic Zone.

device and advanced medical services

Starting with Celltrion, which takes the

through BT, IT and the NT technology

lead in the biosimilar and bio medicine

integrated research cluster proposes a

industry based on accumulated experience

new model in the medical and bio field.

and knowledge, world-class advanced

Accordingly, Songdo, Incheon Free

pharmaceutical technology, equipment

Economic Zone is emerging as the new

and quality assurance systems, Samsung

mecca of the medical and bio industry.

The Bio Research Complex(BRC) aims for the best bio cluster in Northeast Asia

Incheon Free Economic Zone

30 / 31

We Build Success

Bio-Medical

Education I was fascinated by the beautiful culture and history of Korea and especially warm-hearted Koreans during my stay in Korea from 1988 to 1992 as the president of HP Korea. I came back to Korea with the Chadwick International School and I do believe that there is a special tie between Korea and myself. Plus, everyone in my family is filled with anticipation about being back in Korea. The Chadwick International School will be fully ready to become a school in which students can make their dreams come true and achieve their visions and goals.

President of Chadwick International

Richard C. Warmington

Incheon Free Economic Zone

32 / 33

We Build Success

Education

The global educational environment is one

Talented individuals of the future

in which students can receive all levels of education from kindergarten to university without studying aboard

The cradle of global talent

the global campus with competitive degree programs offering a broad and high level of education.

Korea is recognized for its high educational standards in the world. At this very moment, talented people are being nurtured in the

Korean and foreign students will become

Incheon Free Economic Zone. Children

global leaders based on their advanced

living in the Incheon Free Economic Zone

education and such students will be

will experience a world-class educational

the most effective resources for those

environment without studying aboard.

companies that move into the Incheon Free Economic Zone.

The country’s largest Chadwick International School(Songdo) and the Dalton International

Global service center

School(Cheongna) combine to create the best educational environment and offer

The Incheon Free Economic Zone operates

world-class curriculum and programs from

a global service center. The global service

kindergarten to high school.

center helps foreigners deal with any

The local university including the Yonsei

inconveniences and problems they may face

international campus, Incheon College with

by offering the daily living support services,

its state-of-art facilities creates an integrated

foreign community support, a publication

R&D cluster, which can establish a tie with

of practical guidelines for foreigners and

overseas universities and companies and

friendly approachable services.

Incheon Free Economic Zone’s various education infrastructure

Foreigner orientation program hosted by the global service center will improve the residential environment for its expats

Incheon Free Economic Zone

34 / 35

We Build Success

Education

Tourism & Culture When I first visited Yongjongdo, and the Incheon Free Economic Zone, I could not take my eyes off its picturesque and beautiful scenery. That beautiful scenery fully convinced us that we will be able to establish a tourism-leisure complex, one as we have only dreamed of. Plus, the city’s strategic location nearby Incheon International Airport, the gateway to Korea and Seoul is huge advantage. We decided to commit to the investment because of the city’s fascinating scenery that would attract many tourists and the environment fulfilling the various demands of residents and companies.

Midan City

Joseph Chiang

Incheon Free Economic Zone

36 / 37

We Build Success

Tourism & Culture

Wonderful natural tourist attractions of Incheon free

A wonderful natural environment and tourist attractions

economic zone, the center of Northeast Asia with four distinct seasons infinite amount of potential to become the best tourism-leisure complex

The picture below shows the ideal tourism-leisure complex that Incheon Free Economic Zone is aiming for. Marina Bay Sands, the tourism-leisure complex in Singapore(source: Ssangyong E&C)

tourist attractions. Incheon Free Economic Zone with its unique natural environment has an infinite amount of potential to create a new tourism-leisure complex with all the

The growing tourism industry, the emerging Incheon Free Economic Zone

features of rest, leisure, tourism, shopping, culture and entertainment. It only takes about 4 hours to travel to 50

According to the World Tourism

major cities including Beijing and Tokyo

Organization(WTO), the world’s tourism

by plane and the city nearby Incheon

market is expected to grow from 900 million

International Airport and Incheon port will

people in 2008 to 1.60 million travelers by

be recognized as the place with all the

2020 and from 1.8 million people to 400

advantages of Northeast Asia.

million in the Asia-Pacific region. Especially,

Incheon Free Economic Zone

38 / 39

Yongjongdo, Incheon Free Economic Zone boasts of a wonderful natural environment

transportation hub, Incheon Free Economic Zone is the most suitable place for a new

Northeast Asia is expected to show huge

Incheon Free Economic Zone established

tourism-leisure complex. A robot theme

growth and the Incheon Free Economic

a master plan for a world-class tourism-

park established under cooperation with

Zone is emerging as a new opportunity for

leisure complex, benchmarking major

the industry and a golf resort in the city are

a tourism-leisure complex.

tourist attractions including Las Vegas,

another aspect of the pride and joy of the

Singapore, Dubai and Hong Kong. With

Incheon Free Economic Zone. The tourism-

Korea is characterized as having four

its strategic location nearby the airport and

leisure complex of Incheon Free Economic

distinct seasons and wonderful natural

the metropolitan area and a well-connected

Zone will offer new opportunities.

We Build Success

Tourism & Culture

Your Needs & Our Focus : One-stop service It is not easy to show all the faces the vibrant image of the Incheon Free Economic Zone possesses, which will be the best economic city in Northeast Asia, a business city in which people will enjoy living and work. Come and see the promising Incheon Free Economic Zone with your own eyes.

Business/investment information Inquiry and/or consult regarding investment

Development project Inquiry and/or consult about the investment

- Designate a PM

Submit investment intentions Submit investment intentions - Provide a format of a business plan - Examine the approval and site in advance

One-Stop Service The Incheon Free Economic Zone provides systematic investment management services through investment examinations, an

Investigate investor’s credit ratings

execution phase and follow-up services. Please, contact us for further information. We will pay careful attention to the requests of our customers with an open mind.

Investigate the investor’s credit ratings

Discuss an MOU or select preferrences in the project

Submit the business plan Submit a business plan

Enjoy the best infrastructure and the greatest service ever.

Investment deliberation committee - The MOU can be made before the deliberation or this deliberation can be dropped, if necessary

Private finance initiative deliberation committee

Discuss and enter into an MOU

Establish an SPC and report the investment

Report the foreigner investment/establish the foreign investment enterprise

Make an investment agreement

Major one-step services 01 Provide information regarding foreigner investment in the Incheon Free Economic Zone 02 Support foreign investors in their investment opportunities 03 Answer questions regarding laws, taxes and accounting 04 Provide advice and consultations on incentives for foreign investors 05 Offer investors an evaluation of investment locations 06 Support the search for promising investment partners 07 Provide various administration and foreign investment related civil affairs management agencies 08 Provide business mediation with administrative authorities and related organizations 09 Resolve difficulties individual investors may have in maintaining their business

Incheon Free Economic Zone

40 / 41

Make an investment agreement

Change the development plan and /or appoint a project promoter

Evaluate the approval

Approve the business plan

Start construction/operations

Start the development project

The Incheon Free Economic Zone has continued dynamic and systematical development so far. Incheon has established an amazing city infrastructure during the last 8 years and such development will be continued. When the whole project is completed, business will pick up for a change and you will be able to enjoy a better life with leisure facilities, an outstanding educational environment for your children and a pleasant residential environment. Imagine a better tomorrow of the Incheon Free Economic Zone, which attracts wide attention as an ideal aerotropolis today.

Incheon Free Economic Zone

42 / 43

Incheon Free Economic Zone Authority 12 Getpearl-ro (Songdo-dong), Yeonsu-gu, Incheon 406-740, Korea Tel 032-453-7070 Fax 032-453-7089 www.ifez.go.kr

Date of publication October, 2011 Publisher Incheon Free Economic Zone authority Plan and design Design Jungle Co.,Ltd Real pictures of Incheon Free Economic Zone taken on August, 2011 were used in this brochure.

Songdo

We Build Success Incheon Free Economic Zone

Samsung Biologics (in progress)

Tomorrow City Bio research complex (in progress)

Incheon Bridge

Incheon Free Economic Zone Younsei University, Songdo global academic complex

Incheon University Songdo Science Village (expansion is in progress)

Meet-YouAll tower Saeachim Park

Meet-You-All Park

Global University Campus Dalbit Park

Songdo Techno Park

Celltrion Haedoji Park

Songdo Songdo Bridge Hotel Park Hotel Songdo Convensia

Get Pearl Tower

Chadwick International School

NEAT Tower & Sheraton Hotel Central Park Jack Nicklaus Golf Resort

Canal Walk Incheon Art Center (in progress)

Yeongjong Yongye-Muui culture, tourism and leisure complex (in progress) Free Trade Zone

Incheon International Airport Incheon Bridge Observatory

Yeongjong Sky City skyline (in progress)

IBC-1

Sky72 Golf Club

IBC-2 (in progress)

Wangsan Marina (in progress)

Milano Design City (in progress)

Incheon Bridge

Cheongna

Yeongjong Bridge International BIT Port (Seoul National University, KAIST) (in progress)

Robot Land (in progress)

R&D center of GM Daewoo

International Business Town (in progress) Dalton International School Advanced Agroindustrial Complex (in progress)

Bearsbest Golf Resort

Incheon High-tech Park (in progress)