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IFEZ News Vol.10

IFEZ Investment updates

● Cheongna Medical Complex Town signed Land Purchase Agreement
-  Seoul Asan Medical Center, Cheongna Medipolis PFV, and the IFEZ all signed an agreement acquiring this property in Cheongna International city. The land purchase covers 64 acres and was for appox. 260 billion won ($190 million).
-  Facilities : General hospital, Life Science Park, Senior Cluster, Meditel and
   business facilities

● Inauguration of Deep Tech Regulatory Sandbox.
- Aims to foster innovation in sectors such as gaming, block chain, AI, and the metaverse.
- This allows companies to test and verify services without regulatory constraints.
- Innovation Unleashed : Deep Tech Industry receives regulatory exemptions for STOs, NFTs, and Virtual Assets.