In the early 1990s, the Korean government plan for the construction of next generation coastal ships named "Frigate 2000" was scrapped due to the 1997 Asian financial crisis.

The Republic of Korea Navy (ROKN) initially wanted twenty-four 3,000 ton frigates to replace the Ulsan-, Pohang- and Donghae-class coastal fleet of 37 ships.

[4] Point-defense armaments include a single 20 mm Phalanx CIWS and a RIM-116 Rolling Airframe Missile Block 1 21-round launcher.

[5] A variant of the Incheon class was offered by Hyundai Heavy Industries to the Philippines' Department of National Defense for their requirement of two new frigates.

Delfin Lorenzana, and Hyundai Heavy Industries, represented by its Senior Vice President Mr. Ki Sun Chung, under the presence of officials from the DND, AFP, PN, HHI, and the South Korean Ambassador to the Philippines.