|MOA for Building Korean-American Village|
IFEZ and KOAM International signed a MOA to propel the Korean-American Village project forward.
For the project to move forward, IFEZ has established a SPC, in which Incheon Investment Fund
participates, with KOAM and an investment trust company. IFEZ also has a plan to start construction
in October after completing project financing and appointing a constructor. The village, which will
house 830 residential apartments, 1,974 officetel units, 312 guestrooms in a residence hotel, and a
retail shopping mall, will provide overseas