Incheon Free Economic Zone

The Incheon Free Economic Zone (IFEZ; Korean: 인천경제자유구역), located in Incheon, South Korea is a Korean Free Economic Zone that consists of the three regions of Songdo, Cheongna, and the island of Yeongjong and has a total area of 51,739 acres (209.38 km2). The goal of the IFEZ is to transform these three areas into hubs for logistics, international business, leisure, and tourism for the Northeast Asian region. Incheon's Free Economic Zone was officially designated by the Korean government in August 2003. The IFEZ is planned to be a self-contained living and business district featuring air and sea transportation, a logistics complex, an international business center, financial services, residences, schools and hospitals, and shopping and entertainment centers.

In February 2024, Dr. Yun Won Sok was named the new Commissioner of the Incheon Free Economic Zone (IFEZ), responsible for developing the zone and attracting foreign investments in high-tech industries and tourism.

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