On Thursday, November 24, 2005, IFEZ held the completion ceremony for the infrastructure works in Districts 2 and 4 of Songdo International City. The ceremony marked the completion of a project carried out to strengthen the urban development foundation for international business, high-tech industry, residential areas, and supporting functions in Songdo International City. With key infrastructure such as roads and site preparation now in place, conditions for follow-up development projects and investment attraction will be further improved, and the phased growth of Songdo International City and the creation of a better living environment will move forward in earnest.