New Songdo City
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New Songdo City is a planned international business center to be developed on 1,500 acres of reclaimed land along Incheon's waterfront, 40 miles south of Seoul and connected to Incheon International Airport by a 6-mile highway bridge. This 10-year development project is estimated to cost in excess of $24 billion, making it the largest private development project ever undertaken anywhere in the world. The project aspires to make the city and South Korea the next Hong Kong of Asia. [1]
When completed in 2014, the city's infrastructure will be a test bed for new technologies, and the city itself will exemplify a digital way of life.
