IFEZ 인천경제자유구역 로고

On Tuesday, March 22, 2005, IFEZ held a project briefing with Angelo Gordon & Co., a U.S. real estate investment firm, on the Cyber City development project in Songdo International City. During the event, Keith F. Barket, head of real estate investment, announced a plan to invest USD 3 billion (approximately KRW 3 trillion) to develop a first-phase mini Cyber City on a site of about 181,882 pyeong within the Knowledge and Information Industry Complex in Songdo International City. Angelo Gordon & Co. is a U.S. investment firm specializing in real estate and financial assets, and the project was expected to move forward as a mixed-use development model combining international business and high-tech industry functions.