On Friday, October 10, 2008, IFEZ signed a business agreement with the Korea International Financial Association for the development of Incheon’s financial industry. The agreement was made to expand finance-related networks, promote exchanges of professional personnel, and build a foundation for revitalizing the financial industry. Going forward, the two organizations will pursue cooperative projects and information exchange for the creation of an international financial hub, and will contribute to strengthening the competitiveness of the financial industry centered on Songdo International City.