After many years of political turmoil, South Korea has now gained enough economic stability to begin working on its goals of becoming the world’s next major international business hub. This stability has allowed large Korean companies to travel to foreign countries, constructing some of the tallest buildings in the world. Now, however, these companies are taking their designs to their own soil by strategically focusing on areas that will allow for the greatest opportunities for future development. One such area is the city of Songdo. More on this city’s development after the break.
Thirty-five billion dollars went toward the development of Songdo, a city on the coast of the Incheon Free Enterprise Zone, only a short distance away from the Incheon International Airport. This airport is of critical importance to South Korea’s expansion efforts, for it gives the growing city of Songdo the means to operate internationally. By using the international airport as a starting point for their building efforts, the country hopes to be able to compete with their also-growing neighbor, China.
