On Tuesday, March 5, 2013, the Incheon Metropolitan City Government and the Incheon Free Economic Zone Authority (IFEZ) signed a project promotion agreement with Hana Financial Group for Hana Financial Town in Cheongna International City. Hana Financial Town is planned as a phased development project on an approximately 340,000㎡ site in Cheongna International City, including headquarters, a financial research institute, education and training facilities, an information technology center, and business support facilities. Hana Financial Group is a financial business group operating services in banking, securities, cards, and asset management.