Investment Zones
Midan City Development Project
Located in Yedanpo, northeast of Yeongjong District, Midan City is Korea's first free economic zone project being promoted through an international competition. This resort city was jointly developed by foreign investment companies Lippo Limited (Hong Kong), KOAM Corporation (USA), and local institutions, construction, and finance companies. Midan City is building a world-class resort complex centered on Lippo & Caesars Casino..
Business Outline
- Location897 Unbuk-dong, Jung-gu, Incheon
- Area2.7㎢ (820,000 pyeong)
- Project Period2003.08 ~ 2022.06.
- Project cost935.7 billion won
- Estimated population14,198 (5,567 households)
- Implemented byIncheon Metropolitan Corporation
- Project detailsContribute to the development of the local economy through the creation of a self-sufficient complex centered on tourism and leisure activities
Current completion status per phase
- 2011.12 : Phase 1 completed
- 2017.03 : Phase 2 completion summary
Future plans
- 2022.12 : Phase 3 completed
- 2022.12 : Construction overview