Exceptional Experience For Visitors

Here are Global Integrated Resorts(Paradise City and Inspire Entertainment Resort) and various leisures. IAEZ is the best place to experience Korean traditions and cities near Seoul.


Facility Overview

Office

International Business Complex I & South Reservoir Area

Development Overview

Type Facility name
(Managing company)
Surface area Construction start date Facility dimensions Land use period
No. of floors Floor space
Resort Complex Paradise City (Paradise Segasammy) 330,000㎡ ’17.4.20
1 stage open
Basement 2 floors Above-ground 10 floors - 50years
Hotel H1 Grand Hyatt Incheon
(KAL Hotel Network)
32,696㎡ ’03. 08.20 Basement 2 floors Above-ground 12 floors 146,946㎡
(1,024 rooms)
50years
H2 Best Western Hotel
(Hubville)
5,475㎡ ’14. 07.24 Basement 2 floors Above-ground 12 floors 16,692㎡
(301rooms)
35years
H3 Nest hotel incheon
(Nest Inc.)
42,982.98㎡ '14.09.05 Basement 1 floors Above-ground 11 floors 27,275,90㎡
(370rooms)
50years
Business/
Commercial
B2 World Gate
(Samsung C&T/Kumho Industrial)
7,574㎡ ’02. 12.16 Basement 2 floors Above-ground 12 floors 34,035㎡
461 offices, 31 shops)
50years
B3 Sky World
(Daewoo Construction)
5,095㎡ ’04. 05.29 Basement 2 floors Above-ground 12 floors 25,398㎡
(401 offices, 13 shops)
50years
B4 LG Eclat
(YS Efficiency Apartments)
330,000㎡ ’03. 07.24 Basement 2 floors Above-ground 11 floors 35,636㎡
(515 offices, 46 shops
50years
B5 D.O. Ville
(Daewoo Construction)
32,696㎡ ’04. 08.21 Basement 2 floors Above-ground 12 floors 39,714㎡
(553 offices, 24 shops)
50years

Paradise City

Category Detail
Overview
  • Operator : ParadiseSegasami
  • Contact : Tel. 032-729-2100 Go to Website
  • Location : International Business Center I (near Incheon Airport Terminal
Facilities
  • Paradise City provides the excellent hospitality and various entertainment facilities such as 5 star hotels, Casino, Convention facilities, Shopping Plaza, Art Gallery, Spa, Club, and Indoor Theme park
  • Won $300 Billion Sightseeing Promotion Tower Award(2020)
Office


Hotels

Hotels Details
★★★★★
Grand Hyatt Incheon
Go to Website
  • Site / Investment : 33000㎡ / ₩ 357Bn
  • The Largest Grand Hyatt in the world [except N.A],
    Awarded "The Best Airport Hotel" ["14.GT]
  • Location : IBCⅠ near Terminal 1, Incheon Airport
★★★★★
Nest Hotel
Go to Website
  • Site / Investment : 25,000㎡ / ₩ 61 Bn
  • The First Member of DESIGN HOTELS TM, a membership of creative / impressive hotels in the world(250 hotels in 40 countries )
  • Location : Next to the Southern Basin near Incheon Airport
★★★★
Best Western Premier
Go to Website
  • Site / Investment: 5,475㎡ / ₩ 18 Bn
  • Global Standard Services of Best Western Hotel Chain
  • Location : IBCⅠ near Terminal 1, Incheon Airport

Leisures

Leisures Details
GOLF CLUB [2] Site/Investment : 4,619,000 ㎡ / ₩178Bn
Sky72 Golf Club Go to Website
  • Site : 3,669,000 ㎡
  • Events : LPGA(2016), K-LPGA(Annually)
  • Facilities : 72 Hole Golf Club, Dream Golf Range,Restaurant, and shops
Orange Golf Club(Orange)
  • Under Construction (Open in 2021)
BMW Driving Center
Go to Website
  • Site / Investment :290,716㎡, ₩ 70 Bn
  • Facilities : Track, Tranining Center, Museum and Kids Park
  • Operating Period : 2014.7 ~
Office
Office

International Business Complex II

Office

Development Overview

Category Details
Site Area 161,000 ㎡
Site Plans Hotels (4), Residence Hotels (3), Office Buildings (4)
Development Method IIAC direct development / BOT
Location Located at the west side of Avenue of Incheon Airport T2
Land Use Plan Surface Area(㎡) Proportion(%)
Total 161,038 100.0
Commercial, Business Facility 18,385 11.4
Tourism Facility(hotels, residence hotels) 76,471 47.5
Public Faicility(Roads, parks. and etc) 66,182 41.1
Office


International Business Complex III

Inspire Entertainment Resort(Under Construction)

Category Details
Overview
  • Operator : Inspire Entertainment Resort(Mohegan Gaming Entertainment: MGE 100% invested)
  • Site / investment : 4,367,000㎡ / 6,000 Billion
  • Location : International Business Complex III located in the northwestern area of Terminal 2 of Incheon Airport
Facilities
  • With the MGE's Know-how operating entertainment resort in the U.S., Inspire Resort will provide Korean style Integrated Resort with full of entertainment services
  • 5 star hotels, Arena, Convention, Casino, Themepark and etc.
Office


Land Lease and Tax Benefits

Land Lease Options

Project Operator and IIAC determine the criteria of land lease fee.

Category Land Value
by Public Announcement
Revenue
(Minimum Guarantee)
Assessment
Criteria
Site Area x Land Value(₩/m2)
X 5~10%(Following a Contract)
Total Revenue x Rate(%)
* Rate Determined by a contract
Details (Site Area) Site Area except Public Use Area(Public Central Park, main road) IIAC
and Operator Finally determine Site Area as Approval Area in enforcement plan
(Total Revenue) Total Revenue Operator earn from the project(Except Tax including VAT)
* Assessment Criteria and other details are followed each enforcement agreement

Tax Benefits From IFEZ

Category Reduction Period /
Reduction rate
Requirements
National Tax Tariff 5 years : Exmpted Import Capital goods
Local Tax Acquisition Tax 15 years : 100%
  • Tourism : over $10 million
  • Medical Institution : Over $5 million
Property Tax 13 years reduction
1 ~10 years : 100%
11~13th year : 50%

Contact

Department : Economic Zone Planning Team
TEL : 032-741-3751,2