On Tuesday, November 12, 2024, IFEZ held the Incheon Smart City Summit 2024 and officially declared the Incheon Smart City Summit Initiative for smart city development and global cooperation. About 100 participants attended, including domestic and international city delegations, public institutions, academia, and startup officials. The initiative included providing smart city models, promoting startup exchange and cooperation, and establishing joint responses to public health crises, and 10 cities around the world agreed to its vision and signed a multilateral agreement.