The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
  • Login
  • Register
  • Login
  • Register
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
  • 1

    Garbage collector mistakes sex doll for corpse

  • 3

    Major webtoon platforms' fight against piracy

  • 5

    Seoul city council under fire for sexual conduct guidelines for teachers

  • 7

    Samsung unveils new Galaxy S23 smartphone

  • 9

    ENHYPEN-inspired webtoon 'Dark Moon: The Blood Altar' surpasses 100 million views

  • 11

    4 South Korean activists arrested for executing orders from Pyongyang

  • 13

    INTERVIEWA touch of authenticity in Korea's Mexican cuisine scene

  • 15

    $120,000 banana, praying Hitler: Infamous art world prankster Maurizio Cattelan's first Seoul outing

  • 17

    Pyongyang threatens eye-for-eye response as US B-1B bombers join drills in South Korea

  • 19

    China imposes mandatory virus tests for arrivals from Korea only in latest protest over curbs

  • 2

    Free subway rides for elderly emerge as headache for Seoul mayor

  • 4

    Netflix announces password sharing crackdown in Korea

  • 6

    Korea seeks measures to better protect foreign workers

  • 8

    Retailers return to Myeong-dong as more foreign tourists visit

  • 10

    Is non-consensual sex not rape?

  • 12

    Japanese comic series 'Slam Dunk' enjoys resurgence on back of animated film

  • 14

    President pledges support for Korean chipmakers to overcome crisis

  • 16

    Income gap widening among workers

  • 18

    Korea's presidential couple celebrates recovery of Cambodian boy who received heart surgery

  • 20

    Retired actress Shim Eun-ha denies rumor of return

Close scrollclosebutton

Close for 24 hours

Open
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
Fri, February 3, 2023 | 15:10
Society
Songdo global campus has niche clients
Posted : 2010-06-08 17:27
Updated : 2010-06-08 17:27
Kang Hyun-kyung
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link

This year, the University of North Carolina and the State University of New York at Stony Brook are welcoming students from the fall semester to their Songdo campus. / Courtesy of the Incheon metropolitan government

This is the second of a two-part article on the Incheon Free Economic Zone (IFEZ). In this article, The Korea Times looks at the future of the IFEZ based on the major projects that are underway. Previously, The Korea Times ran a story overviewing of the past and present of the port city of Incheon.

By Kang Hyun-kyung
Staff reporter

INCHEON ― Korea, along with China and India, ranks as one of the top three nations sending the highest number of students to the United States to study at primary and secondary schools and universities.

The demand for U.S. degrees here is higher than that of other nations in the world, explaining partly why the country has a higher student population enrolled in U.S. educational institutions than any other nation does.

The trend of Koreans in favor of U.S. degrees came across the minds of the architects of the Incheon Free Economic Zone (IFEZ) based in the reclaimed city of Songdo, southwest of Incheon.

It would be mutually beneficial for both universities and students if Koreans or even students from other Asian nations could be allowed to pursue U.S. degree programs in a location like Songdo where living expenses are cheaper, but the quality of education equals their campuses in America.

There are niche clients here for the U.S. universities, and accordingly school authorities don't need to take a world tour to attract prospective students, according to the Incheon metropolitan government.

They put their idea into action by going ahead with setting aside a district in the brand new city of Songdo, dubbed Campus Town.

"We had to convince our business partners, mostly U.S. university authorities to believe that opening an overseas campus in the international business district will not be a waste of money as demand for U.S. degrees is high here," a local government official said, asking not to be named.

He added that he knew how the negotiations went but was not in a position to represent the city.

Representatives of the IFEZ also had to make a compelling case for why the venue of their offshore campus should be Songdo, which they recalled was a tough job to do.

"We presented U.S. government data which said that more than 100,000 Korean students are attending schools there, and this indicates that Koreans prefer U.S. degrees over those of any other nation," the official said.

According to the U.S. government, 108,376 Korean students are now enrolled in schools there, making it second in terms of the number of students registered in schools in America, following China.

Korea had topped the list for three consecutive years until last year.

Their sales pitch for Songdo as an ideal place for U.S. universities' offshore campuses worked.

This year the University of North Carolina and the State University of New York at Stony Brook, are welcoming students for the fall semester at their Songdo campus.

Next year, the University of Delaware and George Mason University are scheduled to open classes there.

The offshore campuses are located in a Global University Campus zone occupying 295,000 square meters. This cluster is based on a shared network of facilities such as libraries, student union buildings and gymnasiums. On-campus dorms, staff and faculty quarters and guest houses are also available.

Despite the accomplishment, some experts raised doubt over the sustainable operation of the offshore campuses in the educational and research cluster near the subway station Campus Town.

According to them, the city's infrastructure is not favorable for foreigners and this would discourage them from visiting or staying there for long.

An official from the Ministry of Knowledge Economy pointed out many frequent modifications of the blue print for the brand new city regarding its main functions and relatively poor living environment made it difficult for the enclaves to attract foreign direct investments (FDI).

He made the remark at the seminar held in 2006 to discuss the present and the likely prospects for the FEZs in Korea.

But some experts say it was too early to evaluate their performance as the first three, including IFEZ, had not been designated by the central government until 2003.

The relatively disappointing level of FDI in the first phase (2003 to 2009) of the 17-year project was natural, saying the first six years were a learning period.

Smart City



To provide better living conditions for the foreign workforce in the international business district, the Incheon metropolitan government introduced a new concept for the city, dubbed Smart City, to Songdo.

Under the plan, the city is building an urban space that has it all for its dwellers. All activities of residents will take place within a five-minute drive.

The local government elaborated that the new concept of the city is appealing and creative to experts, companies and institutions and its pleasant living and working environment creating added value.

In addition to city dwellers, the target clients of the Smart City also include tourists or visitors who plan to come for leisure and sightseeing.

Officials of the IFEZ believe that such upscale infrastructure will make it a lot easier for them to attract professionals, researchers, academics and students to come there to work, live and lead a quality life.

In addition to universities, they aim to attract global and local businesses, world-class research institutes, hospitals and international organizations in the business district.

Several zones with different purposes have been set aside in the brand new city. They include the bio and medical clusters, education and research facilities, the global business sector, and leisure and tourism clusters.

With the state-of-the-art facilities, Songdo seeks to position itself as the Northeast Asian hub for international business when construction ends in 2020.

Paradigm shift



Conventional wisdom about the main function of urban spaces says that the downtown area is for work, whereas the suburbs are for relaxing and sleep.

City dwellers are engaged in business and various work-related activities on weekdays in the downtown area while living and spending time on the weekends in the suburbs.

This is the case of Manhattan and the suburbs of New Jersey in the United States. The relationship between downtown Seoul and Ilsan or with other satellite cities also reflects this conventional wisdom.

Architects of the IFEZ noted that the trend has been shifting over the past decade.

"The new generation doesn't want such cities any more. The needs of today are forcing the world's mega cities to transform themselves into compact cities. These are going to be creative cities that will attract one person households, a new form of family and experts," the metropolitan administration said in a press release.

To meet the rising demand for convenience-oriented living conditions, urban planners further came up with the concept of the state-of-the-art energy saving, green city.

The new city paradigm provides combined services based on wired and wireless communication grids aligned with the Internet and smartphones, including communication, transportation, public water pipes, electricity, fire fighting, safety and medical services in real time, according to the city.

Easing regulations

City officials have learned that attracting foreign investment is indeed a challenging feat. They said regulations imposed by the central government made it even more difficult for them to convince global businesses or research institutes to consider Songdo as a location for their new branches or research arms.

Two years ago, several lawmakers submitted to the National Assembly a set of bills aimed at easing regulations that have been applied to investments on foreign hospitals and schools in FEZs.

These bills are still pending at a parliamentary committee. Lawmakers didn't read those measures because civic groups and liberal politicians opposed easing regulations on foreign hospitals and schools.

IFEZ officials said that the unfavorable environment is a barrier to attracting foreign investment.
Emailhkang@koreatimes.co.kr Article ListMore articles by this reporter
 
Top 10 Stories
1Seoul city council under fire for sexual conduct guidelines for teachers Seoul city council under fire for sexual conduct guidelines for teachers
2Samsung unveils new Galaxy S23 smartphone Samsung unveils new Galaxy S23 smartphone
3[INTERVIEW] A touch of authenticity in Korea's Mexican cuisine scene INTERVIEWA touch of authenticity in Korea's Mexican cuisine scene
4Pyongyang threatens eye-for-eye response as US B-1B bombers join drills in South Korea Pyongyang threatens eye-for-eye response as US B-1B bombers join drills in South Korea
5Police to introduce new measures to better handle intoxicated people Police to introduce new measures to better handle intoxicated people
6Gov't announces measures to cope with shortage of surgeons Gov't announces measures to cope with shortage of surgeons
7[INTERVIEW] 'Extended deterrence is best option to ensure peace on Korean Peninsula' INTERVIEW'Extended deterrence is best option to ensure peace on Korean Peninsula'
8[INTERVIEW] US-NK summit is unlikely in 2023: Korea Society INTERVIEWUS-NK summit is unlikely in 2023: Korea Society
9[INTERVIEW] IMF expects no recession for Korean economy INTERVIEWIMF expects no recession for Korean economy
10Taxi passengers in Seoul taken aback by fare increase Taxi passengers in Seoul taken aback by fare increase
Top 5 Entertainment News
1Major webtoon platforms' fight against piracy Major webtoon platforms' fight against piracy
2ENHYPEN-inspired webtoon 'Dark Moon: The Blood Altar' surpasses 100 million views ENHYPEN-inspired webtoon 'Dark Moon: The Blood Altar' surpasses 100 million views
3$120,000 banana, praying Hitler: Infamous art world prankster Maurizio Cattelan's first Seoul outing $120,000 banana, praying Hitler: Infamous art world prankster Maurizio Cattelan's first Seoul outing
4PULL UP: VIVIZ returns with new song about gossipers PULL UP: VIVIZ returns with new song about gossipers
5Park Hyung-sik to play crown prince in tvN series 'Our Blooming Youth' Park Hyung-sik to play crown prince in tvN series 'Our Blooming Youth'
DARKROOM
  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

  • World Cup 2022 France vs Morocco

    World Cup 2022 France vs Morocco

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Contact Us
  • Products & Services
  • Subscribe
  • E-paper
  • RSS Service
  • Content Sales
  • Site Map
  • Policy
  • Code of Ethics
  • Ombudsman
  • Privacy Statement
  • Terms of Service
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group