Investment Zones
Yeongjong Sky City Development Project
Behind Incheon International Airport, a hub airport in Northeast Asia, It is advocating a mixed-use approach (replantation + acceptance) for the first time in the country as a complex city development project comprising residential, industrial, business, and tourism functions
Business Outline
- LocationUnbuk-dong, Unseo-dong, Unnam-dong, Jungsan-dong (Jung-gu)
- Area19,300㎢ (5.84 million pyeong)
- Project Period2003.08 - 2022.12.
- Total project cost8.2121 trillion won
- Estimated population133,629 (53,553 households)
- Implemented byKorea Land and Housing Corporation (70%), Incheon Urban Corporation (30%)
- Project detailsConstruction of a complex city with residential industry, business and tourism functions behind Incheon International Airport
Construction status by stage
| Division | Phase 1 | Phase 2-1 | Phase 2-2 | Phase 2-3 | Phase 2-4 | Phase 3 | Total |
|---|---|---|---|---|---|---|---|
| Area(k㎡) | 6,014 | 166 | 5,396 | 444 | 602 | 6,677 | 19,300 |
| Date of completion | ‘12.12 | ‘14.12 | ‘15.12 | ‘16.12 | ‘19.12 | ‘22.12 |
Current completion status per phase(Phase 3)
- Phase 3 Revitalization of the reserve area
- Designing optimal land use plan (draft) through market and industry analysis
Yeongjong Aviation Cluster
Based on Incheon International Airport, a hub airport in Northeast Asia, and utilizing solid IT technology, it is evolving into an industrial base with a focus on aviation and space, including the aircraft MRO business and aviation training center. The aircraft engine maintenance center was created through a joint venture between UTC, a world-renowned engine maker, and Korean Air, while Boeing of the United States, the world's largest aircraft manufacturer, is building the largest flight training center in Asia.
- Business Outline
- Location : Unbuk-dong, Jung-gu, Incheon
- Size : 494,849㎡
- Project Period : 2008 - 2020
- Business Areas : Aviation Operations Training Center, Aviation MRO Industry, Aerospace, Satellite and Defense Related Industries
Boeing Flight Training Center Termination
- Location13, Yeongjongsunhwan-ro 900beon-gil, Jung-gu, Incheon, Republic of Korea
- Size32,614.5㎡
- Project Period2010 - 2016
- Project detailsIntroduction of using simulators for pilot training and the operation of pilot training service
- Total project cost150 billion won
- Implemented byBoeing(USA), Korean Air
P&W Aviation Engine Maintenance Center Termination
- Location15, Yeongjongsunhwan-ro 900beon-gil, Jung-gu, Incheon, Republic of Korea
- Size69,208.5㎡
- Project Period2010 - 2015
- Project detailsAircraft engine assembly/disassembly/parts repair and performance testing, etc.
- Total project costKRW 323.4 billion
- Implemented byUTC Corporation (USA), Korean Air