|IFEZ announced it will issue RFP for development of|
○ Incheon Free Economic Zone Authority(IFEZ) announced that it will issue a Request for Proposal(RFP) to appoint “Preferred bidder for 6th & 8th District of Songdo International City” in November 2016.
○ The purpose of RFP is to provide fair and transparent opportunity to local & international developers to be appointed as a “Preferred bidder” for 6th & 8th district of Songdo International City. This development project has a vision not only to establish symbolic land mark which will be center of global business in Korea, that serves MICE, tourism, leisure, medical and cultural purposes, but also to create long-term growth engine for local business.
○ The proposed development site is center of 6th & 8th district that is area up to 1.439,107m2(355.61acre). This includes Commercial, Sports, Parks and Recreation, Mixed Used, Residential Zone and etc. The RFP will include submission of development concept and business plan for the anker facility. The development proposal will be reviewed by evaluation committee which consist of 3rd party experts. The RFP will be issued middle of November and the “Briefing Session” will be held late November. The RFP is expected to be closed on January 2017 and target to appoint “the Preferred bidder” by February 2017 after the committee’s evaluation.
○ IFEZ is anticipated this RFP will bring symbolic land mark development project which represent Incheon and become economic growth engine. The detailed guideline for RFP will be posted on IFEZ website.(www.ifez.or.kr).
Related Inquiry(English) : IFEZ Bureau of Foreign Investment, Service Industry Div, Tourism & Leisure Investment Team. Nicholas Kim. tel. +82-32-453-7344. email. email@example.com