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Incheon Metropolitan City to reshape Yongyu, Muuido as toruism hot spot by 2030

The city of Incheon unveiled its plan to reshape Yongyu, Muuido island, the nearby Incheon Int'l airport to turn them into world -class tourists' leisure town by the year of 2030.

Incheon Free Economic Zone Authority(IFEZ) opened a workshop at the G-tower located inside the IFEZ on Oct 10, inviting members of Incheon Metropolitan Council and Incheon International Airport Corporation. They came together and had a time to share thoughts on the development plan under the theme of 'A development strategy to bring economic vitality into Youngyu/ Muuido IFEZ.'

Research work related to the topic will come to an end till the end of next year, publicly sponsored by Korea Research Institute for Human Settlements.

The plan embraces strategies for how to remodel it to be tourism hot spot, aggregating 25km2 in Yongyu, Muuido, making strong partnership with neighboring communities by 2030, and for comprehensive ways to reach multiple goals specifically; a draft for the idea, IFEZ redesigning, regionally well balanced development, maritime smart city; job creation and FDI attraction.

Yongyu, Muuido have been the very first place that belonged to part of FEZ, along with other towns-Songdo and Cheongna Int'l City- in Aug 2003, but been through long bumpy roads, losing part of the places to be included in the zone, due to dozens of changes in urban planning for years.

IFEZ released the plan to revamp the place to make it the center of maritime tourism destination, in accordance with the 2nd FEZ plan(2018~2027) that the Ministry of Trade, Industry and Energy announced last November.

Lee Won-Jae, the head of IFEZ, said "We'll set the development plan systematically by reflecting the times and circumstances around us as we've got a lot to consider. Hope that this project could ultimately lead to employment growth and local development."

Source : yonhap news (Oct. 10 2019)

** This article was translated from Korean.

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