Development
Vol.10
IFEZ shatters records: 106 trillion won ($80.5 billion) in 2022, up 17.7%
The Incheon Free Economic Zone (IFEZ) has reported that the total sales of its resident companies reached nearly 106 trillion won ($80.5 billion) with 3,821 enterprises and 110,557 employees.
IFEZ has attracted international investors that include 224 enterprises, 38 trillion won ($28.8 billion) in sales, and employs 35,150 people.
The IFEZ is focusing on four core strategic industries: aviation logistics, bio-healthcare, tourism services, and smart manufacturing, which currently attracts 347 companies employing 21,693 workers, and 18 trillion won ($13.6 billion) in sales.