A view of the Incheon Free Economic Zone Authority in Incheon. (Photos: IFEZ)

Commissioner Kim Jin-yong of the Incheon Free Economic Zone Authority explains strategies to build a bio hub at a forum at the Songdo Conventia in Incheon.

The Incheon Free Economic Zone (IFEZ) will host the 2018 IFEZ investment attraction session cum job fair at the Songdo Conventia on Nov. 14 in celebration of its 15th anniversary.

The event will be supported by 22 organizations, including the Ministry of Trade, Industry and Energy (MOTIE), Incheon University and Inha University.

About 120 companies in Korea, including global companies in the IFEZ, will participate in the event, and they want to hire 500 employees.

The investment attraction cum job fair is designed to not only provide contact opportunities between job seekers and hirers, but also contribute efforts to attract FDIs.

The fair will also arrange such pavilions as a first-hand recruit hall, job seeking consulting hall, and corporate public relations halls. It will also open 150 diverse booths, including ones for writing resumes, self introduction letters and interview clinics.

Global companies and institutions related to bio and the 4th Industrial Revolution, including UN bodies, are expected to participate in the fair. The event is expected to help prominent SMEs in the region ease manpower shortage and contribute to creating jobs for youth, particularly gifted manpower from universities.

Seven free economic zone authorities, including IFEZ, will set up their respective pavilion to give information to companies and individuals who are interested in making investments.

IFEZ Commissioner Kim Jin-yong said, “IFEZ Authority continues to make efforts to invigorate the IFEZ by providing multi-facet support like the improving of management environment of IFEZ tenant companies.” The fair is expected to contribute to developing the regional economy by having IFEZ tenant companies hire the region’s prominent manpower and catapult IFEZ to a global city, he added.

IFEEZ Holds FDI Attraction Session Targeting Swiss Bio Firms

The IFEZ Authority held an FDI attraction session targeting some 60 bio companies, including chemical and medicinal firms, in Zurich, Switzerland, on Oct. 2.

The session took place following President Alain Berset of the Swiss Confederation and his delegation’s tour to Samsung BioLogics at the request of KOTRA’s overseas trade office in Zurich asking for the session targeting Swiss forms showing attention to their entry into Korea.