On Friday, October 29, 2010, IFEZ signed a business agreement with Yeonsu-gu Office of Incheon Metropolitan City. The agreement was pursued to strengthen the regional development and administrative cooperation system, including Songdo International City. The two organizations plan to expand cooperation in various areas such as urban infrastructure expansion, improvement of residential conditions, and response to local issues. The agreement is expected to further strengthen the foundation for regional development and greater convenience for residents.