Why Songdo

A Global Business Hub

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Open for Business in 2009

Global Business HubNortheast Asia, anchored by Japan, China, and Korea, is home to three of the largest economies in the world, all with dynamic business environments.  Throughout history, geographic convenience led to international business being transacted primarily through Southern Asia within relatively close proximity to the hubs of Hong Kong and Singapore.  The explosion of economic and business growth experienced by Northeast Asia in the last decade has led to the need for another, northern Asian hub.

Songdo International Business District (IBD) officially opened on August 7, 2009 as a designated Free Economic Zone and the first new sustainable city in the world designed to be an international business district.  With its strategic location just 15 minutes driving time from Incheon International Airport and 3 ½ hours flying time to 1/3 of the world's population and regional markets such as China, Russia and Japan, Songdo IBD will position South Korea as the commercial epicenter of Northeast Asia. 

Songdo IBD is an international city that offers every conceivable amenity, attracting multinational and domestic corporations to this new location.  These include all the advantages of a master planned environment with 600 acres of open space and parks, an advanced technology infrastructure, the architecturally-stunning Convensia Convention Center, fine hotels, international schools, museums, a luxury retail mall, and the Jack Nicklaus Golf Club Korea. By employing the best practices of urban planning and sustainable design, Songdo IBD offers residents, workers and visitors an unparalleled quality of life.

Commercial Leasing and Development Opportunities