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Midan City
MIDAN City, covering a site area of approximately 2.7 million square meters, is a development project located at Yeongjong Island in Incheon Free Economic Zone (IFEZ), South Korea which envisions to becoming the international business and leisure hub of North East Asia. It is only 10 minutes away from world-renowned Incheon International Airport which covers flights to major cities in Asia such as Beijing, Shanghai, Tokyo, Hong Kong, Taipei and even Vladivostok within just 2 to 3.5 hours. The development also has excellent infrastructure and transportation system where express subway and buses will easily connect the city to Seoul CBD within 40 minutes. MIDAN City is being designed as an “All-in-One-City” with shopping malls, integrated resort hotels, an international healthcare center, a golf course, entertainment zone, residential area, a Chinese cultural village and an international school
Phase 1 of the development is due for completion by 2014 Asian Games and Phase 2 by 2020 IFEZ completion. The project is expected to create about 5,000 jobs with USD 7 billion of economy induction in the area.
==The Master Developer==
In November 2006, a Joint Venture Agreement was contracted between Lippo Group, a Hong Kong-based conglomerate being selected as a preferred developer in the international competition, and Incheon Urban Development Corporation (IUDC) to develop MIDAN City. In March 2007, SPC of Lippo Incheon Development Co., Ltd. was formally established by C E O and chairman of Awadisian Holdings Dino Vahak Awadisian for MIDAN City development which title has been changed to MIDAN City Development Co., Ltd (MCDC) later on September 29, 2010.〔(【引用サイトリンク】url=http://www.lippoincheon.com )〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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