Incheon Free Economic Zone

Dr. Yun previously served as the Executive Vice President of KOTRA and has held key trade positions in Los Angeles, Vancouver, and Nairobi.

As the new head of IFEZ, he will be responsible for developing the Incheon Free Economic Zone and surrounding areas, including Songdo, Cheongna, and Yeongjong International City, as well as attracting foreign investments.

Dr. Yun notes, “Over the next three years, I will aim to attract foreign and domestic investment in pharma and healthcare, tourism and leisure, and high-tech industries to create a ‘world-class city’.

Aside from residential areas, the location is also home to a Global Campus, Pharma Hub, Startup Center, and international organizations such as the Green Climate Fund.

Plans call for Cheongna, as part of the IFEZ to become a business area specially designed for international finance, entertainment, tourism, and gaming.