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Old December 9th, 2007, 11:39 AM   #1
korea2002
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INCHEON | Songdo Ubiquotus City | 820 ft+ | 250m+ | 60 fl | App



Construction Company-Decided yet.
Construction Start-2008.1(Incheon Tower's Construction Year)
Complete Year-2012
In Songdo U-city,Monorail will be set up...
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Old January 30th, 2008, 09:44 AM   #2
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Development News-Korea Herald-2008.1.29

U-Life CEO envisions `true ubiquitous city`

"7-4-7" was one of President-elect Lee Myung-bak`s key campaign slogans. It means achieving a 7 percent economic growth rate, lifting the nation`s per capita growth domestic product to over $40,000 and making Korea one of the top seven economies in the world - all in 10 years.

Likewise, the CEO of U-Life, a key developer of Songdo New City near Incheon, has come up with a "7-7-7" strategy to envision a true ubiquitous city there. "We will attract the world`s top seven companies and Korea`s top seven firms to invest in information and technology-related projects to make Songdo the world`s leading city in ubiquitous life," Maing Il-young, told The Korea Herald in an interview.

"The other 7 refers to seven cities around the world where we plan to go on a promotion tour."

U-Life is an affiliate of Gale International, the main project developer for the Songdo International Business District, which has been reclaimed along Incheon`s waterfront.

U-Life was established in June 2006 as a joint venture between the New Songdo International City LLC and LG CNS to focus on installing and building IT infrastructure so that homes, schools and companies could be electronically connected.

The global promotion campaign embarked in New York on Jan. 15. On that day, Gale International announced a memorandum of understanding with Microsoft Learning, a product group of Microsoft Corporation, to showcase the Songdo International Business District as an example of the best practices in technology education and implementation.

The second promotion was held in Seoul last Thursday, drawing more than 400 investors from around the world.

"Poongsan Group and Kolon Group showed great interest in investing in Songdo. Hanjin and Korean Air are expected to invest as well," he said. The remaining destinations include Dubai, Paris, Shanghai, London and Boston.

U-Life will mainly focus on playing a role as an IT developer, discovering prospective IT companies and making contract with them if their technologies are thought to be useful in ubiquitous Songdo, Maing said.

A technology, "quite attractive to investors," that will soon appear in Songdo, is the U-Phone System, through which Songdo residents will manage their health, security, shopping, work and leisure, he said.

"All we need is three investors - a software developer, a server provider and a mobile phone maker. I can`t bring up names yet, but they will include really famous conglomerates," he said.

U-Life recorded 7.4 billion won ($7.8 million) in sales and received orders worth 20 billion won in 2007. The company plans to increase sales to 70 billion won by 2011. U-Life will earn profits from facility management after IT development, and eventually export its IT development expertise to China and other emerging markets, according to Maing.

Maing, who is also serving as vice chairman of the American Chamber of Commerce in Korea, is confident in making Songdo a successful example of foreign direct investment, despite some negative public sentiment towards foreign capital investing in Korea and taking off with huge profits.

"It is clearly different from low-quality speculation. The investment in Songdo will actually improve quality of life because the best cutting-edge technologies will ensure easy access to all information for residents and business people within the U-community," he said.

"How Songdo is uniquely different from other cities is that we can start from scratch. We don`t have to tear down existing buildings, which reduces costs a lot," he said.


Below this picture is U-Life Complex-2008 Construction Start!!-2008.3


This project is 6 floor Cultural Facility.
and Around this building is U-Life Insurance Asia-Pacific Headquarter(50~60 floor- 2 clusters)
and Gale International Plaza will operate near site.(Gale Nothern-Asia Headquarter-50 floor~)
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Old January 30th, 2008, 10:02 AM   #3
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MS(Microsoft) invest Songdo!!-2008.1.29

MS, Songdo international investment in the city

Microsoft (MS) American Saga city of Incheon International Songdo international business development, I just worked in the United States and the International Gail plan to seek multilateral cooperation in the case.

Geilsa "in the middle of this month in New York showed great interest in the development of New Songdo City International Inc. and the MS to seek ways for a variety of development cooperation, a memorandum of understanding (MOU) signed," he said.

Currently living in a single MS entire city of Songdo international information technology (IT) mangeuro connect to the 'Ubiquitous Life (U - Life)' interest in a large building project that reportedly indicates.

Therefore, the future geilsa MS Songdo international industry leaders in the city 'U - Life', and build a business case to join a new electric Songdo international investment in the city is expected to fit.

The geilsa executives, just Songdo international business development executives, along with partner POSCO Construction in Seattle on February 11 visit to the headquarters in MS, MS Aerospace products and technologies to look at the plans closely.

Geilsa said, "What kind of company is currently in the field of MS, which can cooperate with each other in various fields reviewed the steps," "MS is still in discussions about corporate and business participation, and without," he said.
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Old February 1st, 2008, 05:44 AM   #4
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Songdo Microsoft Ubiquotus City's Website!

http://ucity.ifez.go.kr/
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