On Thursday, April 25, 2019, the Incheon Free Economic Zone Authority signed a mutual cooperation agreement with Ace Construction. Ace Construction plans to invest approximately KRW 150 billion (approximately USD 129 million) in a 15,787㎡ site within Incheon Hi-Tech Park in Cheongna International City, begin construction in May 2019, and complete the project in May 2021. Through this agreement, the two sides strengthened their cooperative foundation for project implementation and investment execution.