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Economy of Incheon


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The Incheon Free Economic Zone consists of the three regions of Songdo, Cheongna, and the island of Yeongjong, and has a total area of 51,739 acres (20,938 ha). The goal of IFEZ is to transform these three areas into hubs for logistics, international business, leisure, and tourism for the Northeast Asian region. The term 'Free Economic Zone' applies to the development in these three areas with the aim of improving the business environment for
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