Posts Tagged ‘Incheon’

Songdo International Business District: A Perspective

Sunday, November 29th, 2009

Perspectives from a speaker, humanitarian, and businessman who has made “shaping the world’s future” his lifelong passion.

Joseph Chung

Joseph Chung

by Joseph James Chung

Coming straight from my home in Silicon Valley, California, I arrived in Songdo hoping to discover the world’s most compelling city. You may ask, what might such a city look like? I was looking for a city that could support a collaborative international community capable of solving the world’s greatest challenges. An entire city well poised to help shape and implement innovative and practical answers to global issues such as finding a cure for cancer, eliminating extreme poverty, developing capable leaders, or constructing the most efficient educational models for people of all ages, is a compelling city to me.

I arrived in Songdo ready to put this new city to the test. Quite naturally, I applied a three step process. The first step was to identify the true intent of the people involved in its development. The second step was to reach out to the pioneers — the people working on the ground — of this community to see what type of response I received. The third step was to investigate the city’s infrastructure and practical matters such as size compared to demand, support for transportation and information flow, and geographic location.

Steps One and Two are integrally connected:
Identifying the true intent of people backing the city by reaching out and working with the pioneers of the community.

My questions were, “Is this city just a flash in the pan? Another glorified tool to obtain money from investors? A castle in the sky?”

Having worked with leaders from several industries and sectors and some of the top talent and faculty developing in the Harvards, Stanfords, Yales, Johns Hopkins’, and MITs of the educational world, and having built teams, organizations, and companies with these leaders, I felt prepared to begin looking for answers to my questions. My approach to answering questions did not include going straight to the people-at-the-top (Mayors, Directors, and Government Officials), who are often surrounded by the typical political and practical barriers people in their positions face. I figured at this point, there was little relevant information I could learn from them, which I couldn’t read on a website.

Thus, I jumped right toward the people doing the groundwork behind developing this city.

The first leader I met was Don Southerton, an American born and educated historian on South Korean business and culture. Don Southerton wrote the book on Songdo from a historical perspective, leading readers into its future vision. The first conversation I had with him was highly educated, inspiring and authentic. The articles and books he wrote came from a passion that money couldn’t buy. Not only this, but his passion came out in his willingness to point me along my journey to discover what Songdo is really all about. Whoever brought him on board was either very lucky or really cared about doing their homework.

The second leader I met was Dr. Jorge Nelson, an expert educator pushing the envelope in education that should have been pushed several decades ago. Of course, I learned that Dr. Nelson has been pushing the envelope on education for several decades indeed. His passion and abilities clearly shine through in a sector (education) that desperately needs it. With the jaw-dropping, highly qualified faculty team he leads, I would beg to be his next door neighbor and put my children through his school any day. I might even consider going through K-12 (what Dr. Nelson now calls K-100) again with him at the helm. As of now, I consider myself lucky to be teaming up with International School Songdo to develop model workshops led and created by facilitators from top Universities around the world. Whoever brought Dr. Nelson on board to become the Headmaster of International School Songdo was once again either extremely lucky or really did their homework to maintain the high quality touted as being the very fabric of Songdo.

The third leader I met was Michel Ouimet, a multi-faceted and talented visionary well grounded in the arts of wise long term and strategic short term investments. Yet his work does not stop with his immediate role as CFO of the International School, but is powerfully manifested through his passion to build a community. Everyone is invited to play basketball in the school’s state-of-the-art gym on Wednesdays, be a contributing musician during music nights in his apartment building, and many more community oriented events. At this point in my endeavor to find the world’s most compelling city, I began to believe maybe the creators of this city were onto something special. Maybe Songdo would truly grow into its role as a global leader. Or, maybe the people that brought Michel aboard were just really lucky again. But meeting Michel, after discovering Songdo and connecting with Don and Jorge, was like watching a grand slam in the first inning of the World Series. It was like watching a highly practiced and prepared team, coming powerfully together for the big opening.

Michel Ouimet, Dr. Jorge Nelson, Joe Chung

Michel Ouimet, Dr. Jorge Nelson, Joe Chung

Thus, I decided to pull the wild card. There’s no way a city with the slightest hint of inauthenticity could respond positively to this next move. I approached Songdo’s centrally located and first 5-star hotel with a request for a highly integrated, millenium-paced (meaning very fast-paced) partnership to help the city bring several world-class conferences to its doorsteps beginning as early as 2010. I did not think they would agree. Overstaffed and underoccupied given the timing of Songdo’s development, the Sheraton Incheon Hotel had already taken the necessary risks associated with being a first mover in a city that showed great potential. Therefore, either Sheraton’s investors were out of their minds or maybe they really actually knew what they were doing. Either way, if they had over-exerted themselves and weren’t focused on the main objective of a truly fast and successful launch, they would have easily overlooked my request and busied themselves within the much slower and traditional model of growth that all other cities and companies drably inspire from their people. Yet upon meeting with Sheraton’s head of Sales, Mun-Hee Park, and later the General Manager, Alain Rigodin, we began collaborating and I discovered the same common thread of passion-fueled movement integrated with reason-based action-planning truly existed within them, as it had within Don, Jorge, and Michel.

These five instrumental leaders gave me the confidence to wrap up the research completed for steps one and two. But the work was just beginning. In the very nature of conducting my research and being prepared to fully support a worthy endeavor, I was lucky to begin building a working relationship with these leaders and pioneers creating the city on a day-to-day basis. And in my line of work, coming across happy, inspired people working on the city means that the creators of this city have achieved no small feat in putting these teams together and creating these conditions for our success.

Step Three: Investigating the City’s Infrastructure.

Public Transportation and road infrastructure often reveals the first sign of weakness in a city. How fast and efficiently can you get around in this city? Unfortunately, the extremely critical and analytical portion of my research abilities were not able to find any weaknesses here. State of the art, near silent, subway lines, inside of state of the art (glowing light-bubbles included) subway stations, one-way fares equivalent to three US quarters, parks and open space encouraging walking instead of riding, a 20 minute bus ride to an International Airport where you can get to 1/3 of the world’s population within a 3.5 hour flight in any direction, taxi cabs arriving within 3 minutes of calling them (sometimes I think these cabbies have telepathy as they come zooming down the road 100 meters away, shortly after you call them), and my very favorite — the motion-detecting (only moving when you are on them) ultra-green, environmentally friendly escalators. Additionally, in future years there will be a high-speed train launched to transport people between Songdo and Seoul within 20 minutes.

Now onto observing supply as compared to demand in cities that have come from the ground up. With previous development of planned-cities, there have been few parameters in place to stop overbuilding. Some metropolises spread out of control. High supply, such as Dubai’s 70,000 units which came onto the market in late 2009 contributed to the current debt crisis occuring in Dubai today, which some experts estimate at up to $90B USD of troubled debts.

However, with Songdo, I have not observed over-building. The size of land in the main International Business District is limited, tightly knitted together and compact (though spacious with park space). The pre-planning and preparation of this city were unparalleled. Parties involved certainly completed their due diligence as they built Songdo.

Information flow in my version of a compelling, global city, is a must. Thus I will review language and technology.

Considering first the language of Songdo, my experience is that it truly is an English-speaking, International community. Of course Korean will be spoken widely but so far, I have not experienced an immediate need to learn the Korean language while working in Songdo. Other languages that I imagine will be used around the city, given its geographical location between China and Japan, are Mandarin, Japanese, and Cantonese. Once again, this mixture of languages and the International nature of the city, strengthens the necessity and usability of English as the main language used to get around in Songdo.

In terms of the technology backing information flow in Songdo, we are lucky to be sitting on the technological infrastructure created by Korea. People ride around on subways while having video phone conversations with each other or watching television on their handheld phones. This super high speed of data transfer can only mean one thing. Songdo city is extremely well poised to have its roots in Korean technology.

Enter companies such as Cisco. Cisco has developed dedicated lines for communication within the city of Songdo. Currently having implemented its best technology between important locations in the city, Cisco will be opening up the opportunity for people in Songdo to “telepresence” with each other and people and institutions from around the world. This instant form of communication can be likened to Skype Video conferencing x 100,000. These dedicated lines make it possible for data transfer at the speed of light from one point in the city or world to another. The technology behind this allows us to see even the most vivid details of the person you are communicating with and as you extend your boardroom, conference table, or dining table from Asia to Africa, India, Europe, North America, South America, or anywhere else in the world you’re looking to connect to. In Songdo, the world is truly at your fingertips.

Conclusion:

Others might glow red with instant content in a city that is abundant in wealth and profitability through the development of new technologies. But trust me, wealth and technology are just the beginning in a city like Songdo. Songdo is not a flash in the pan, it is not a glorified tool to obtain money from investors, and yet in a special way, it is indeed a castle in the sky. But this, I have found, is a very good thing. As Henry David Thoureau put it, “If you have built castles in the air… that is where they should be. Now put the foundations under them,” and that foundation is exactly what we as people, have the opportunity of becoming in Songdo. Afterall, people should be the very foundation of any community, and the fact that Songdo was built with this purpose in mind (that we have this opportunity to become the foundation of this new city), attains for Songdo’s initial creators my most sincere and appreciative thanks for having the audacity for such a vision and the ability to bring it this far.

I first journeyed here to find out if Songdo might be the “world’s most compelling city.” Call me over the top, but after doing my research “A new hope for humanity” is a much more accurate title for a city like this. You might soon find Songdo replacing San Francisco as my new “current city” on my facebook page (so long as my buddies in Silicon Valley can keep up as Facebook recognizes Songdo as one of the world’s newest major cities).

And, I would encourage anyone with an appreciation for advance, quality, community, true learning, adventure, and forward movement to come out and join me!

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CISCO Looks to Korea and Sondgo IBD

Wednesday, August 12th, 2009

By Don Southerton, Songdo IBD CityTalk Editor and Chief Bloggerimages

I had the opportunity to meet and spend time with the Cisco team at the Songdo IBD Grand Opening last week. I also was given a VIP tour of their pavilion at the Incheon Fair.  Songdo IBD fits well with Cisco plans as noted in this PR.  I’ll share more as it unfolds.

INCHEON, SOUTH KOREA — 08/11/09 — Cisco  today announced its intention to expand its relationship with Gale International by bringing together complementary skills, capabilities and solutions to create smart, sustainable cities of the future. The collaboration combines the Cisco®Smart+Connected Communitiesvision with Gale International’s experience as a smart-city builder to provide a connected and sustainable living and working experience to communities worldwide. Cisco shares a common vision with Gale International that in cities of the future urban services will be delivered more innovatively, and cities will be managed more efficiently using technology that enables newer models of managed and hosted services within public-private partnerships.

Highlights / Key Facts:

  • Cisco is building on its collaboration with Gale International in Sondgo International Business District (IBD) and intends to jointly develop and deliver a robust, repeatable platform and transformational solution set that will help customers deploy Smart+Connected Communities solutions globally, including near-term opportunities in China.
  • In April 2009, Cisco signed a framework agreement with Gale International to establish the ‘Cisco Global Center for Smart+Connected Communities’ in Songdo IBD, a 1,500-acre new city being developed off the coast of Incheon by Gale International and POSCO E&C under the auspices of the Incheon Free Economic Authority. The same month, Cisco also announced it would work closely with Incheon Metropolitan City to develop network-enabled innovation and to support sustainable economic development in the Incheon Free Economic Zone (IFEZ).
  • The two companies intend to partner to help accelerate the development of such smart and connected cities, which will be designed to improve economic development, environmental sustainability, and the quality of life for citizens. They will also assemble a broad ecosystem of strategic design, development and technology partners to enable and drive network-enabled city-scale innovation.
  • Cisco and Gale International also today announced that they intend to collaborate on the Meixi Lake District project in Changsha, Hunan Province, China. The Meixi Lake District project will be the first city-scale development in China for Cisco and Gale International.
  • Focused on eight “tracks” within a city, Cisco’s Smart+Connected Communities initiative is designed to provide smart and connected solutions for real estate, safety and security, transportation, utilities, government, education, health care and sports.

Executive Quotes:

  • Wim Elfrink, chief globalisation officer and executive vice president, Cisco Services

“The vision for this new city is truly transformational, giving residents, businesses and government leaders within Songdo the opportunity to experience the city of the future — today. Our collaboration on Songdo IBD with Gale International is a living example of the globally replicable model we are building for Smart+Connected Communities. We are thrilled to be part of such a groundbreaking initiative, working closely with Gale International to develop new business models for managing and delivering urban services using the network as the platform for transforming cities and countries. We look forward to future visionary projects like this one, such as the efforts currently underway in Meixi Lake District in China.”

  • Stan Gale, chairman of Gale International

“We are globalizing the real estate industry by identifying and deploying integrated solutions in a unique replicable model. City-scale development must fit the needs of the visionary communities daring to undertake them. The city of Incheon is to be commended for their vision. More than a decade ago, they believed that Songdo IBD could deliver a better quality of life and deliver economic benefit to the people of Korea. We are excited about this vision and look forward to working closely with IFEZ, Cisco, and other partners to make Songdo IBD and IFEZ the successful model for sustainable cities of the future. Similarly, our next project, China’s Meixi Lake development, seeks to provide an unparalleled quality of life for its inhabitants. Gale International and Cisco, working with other global partners, such as UTC and 3M, intend to deliver sustainable, smart cities of the future that will allow those who live and work there to thrive for generations to come.”

  • The prospect of the partnership was lauded by Mayor Xie Jianhui, vice mayor of Changsha, Hunan Province

“The Meixi Lake project is central to the success of the West Changsha Pioneer Zone. Our vision for the Meixi Lake District is to create a harmonious society that integrates innovative technology with environmental and sustainable design. The involvement of Gale International, a world-class city-scale developer, and Cisco, a leader in intelligent systems, will ensure that the Meixi Lake District will become a world-class city right here in Changsha, the heart of Hunan Province.”

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Chemulpo to Songdo IBD Launched in Incheon’s Historic District

Monday, August 10th, 2009

Incheon, South Korea August 11, 2009 The global launch of the pictorial history Chemulpo to Songdo IBD: Korea’s International Gateway took place on Thursday August 6 at Incheon Korea’s historic Chemulpo Club. Hosted by author Don Southerton and sponsored by Gale International, the event was attended by notables including Incheon Mayor Ahn Sang-soo, Gale International chairman Stan Gale, and former Ambassador Donald Gregg. Also attending were local officials, Korean and American guests, and the media.

Chemulpo to Songdo IBD: Korea’s International Gateway documents 125 years of life in the port area through first hand accounts and historic photographs. Fittingly, the book’s launch was held at the foreign settlement’s former gentleman’s club, which was built in1901.

After warm opening remarks by Stan Gale, author Southerton shared his inspiration for writing the book—one built on collaboration. In fact, Southerton noted the early trade settlement and surroundings were home to Europeans, Americans, Japanese, Chinese, and Koreans. Likewise, the book was a collaboration of Korean and American teams. Building on this theme Southerton pointed out that today’s nearby Songdo International Business District (IBD) was, too, a diverse international collaboration of firms including Gale International, POSCO E&C, Kohn Pederson Fox, and most recently CISCO.

Joining Southerton on the podium, Mayor Ahn Sang-soo was presented with a copy of the book. The mayor then shared his vision for the city becoming one of the world’s top ten cities.

Following the book presentation, Southerton, conducted a tour for the American VIPs of Jayu Park and the historic Chinatown district.

Plans call for the book to be donated to Korea-focused organizations and universities in the U.S. and Korea. A full schedule of book promotion events is also planned.

An online eBook version of Southerton’s work is now available at http://chemulpotosongdoibd.com

About the Author
Don Southerton has held a life-long interest in Korea and its rich culture. His previous books center on culture, entrepreneurialism, and early U.S.-Korean business ventures. Southerton extensively writes and comments on modern Korean business culture and its impact on global organizations. His firm, Bridging Culture Worldwide, provides consulting and training to Korea-based global business.

About Gale International
Gale International is a premier international real estate investment and development company with headquarters in New York and offices in Boston; Irvine, California; Seoul and Songdo, South Korea.

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Chemulpo-to-Songdo IBD: Korea’s International Gateway Book Released

Thursday, August 6th, 2009

Breaking News, Songdo IBD Korea
The August 6, 2009 Korea launch of Chemulpo to Songdo IBD was attended by a huge crowd including including Incheon Mayor Ahn Sang-soo, Stan Gale- Chairman Gale International, former Ambassador Donald Gregg, local officials, Korean and American VIP guests, and media.

The event took place in the historic former Chemulpo Club, a gentleman’s club built in 1901. Following the book presentation, author Don Southerton, conducted a tour for the American VIPs of Jayu Park and the historic Chinatown district.

MORE TO FOLLOW.

Book Preview

http://chemulpotosongdoibd.com

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Chemulpo to Songdo IBD: Soon to be released

Saturday, July 4th, 2009

The new book Chemulpo to Songdo IBD will soon be released. Details will be posted in the near future. In the meantime, plans are underway for media events in the US and Korea.

For more information:

dsoutherton@bridgingculture.com

or phone +1-310-866-3777

chapter1

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Songdo IBD March 2009: An Update

Friday, March 13th, 2009
1st World Towers, Songdo IBD

1st World Towers, Songdo IBD

By Don Southerton, Songdo IBD CityTalk Editor and Chief Blogger

After a week in Korea, I’m back in La Jolla, California. I’d like to share some insights on the visit. First, flying into Incheon International Airport, the new bridge looked awesome. Th Songdo IBD skyline is also beginning to standout–buildings sprouting up.

I cannot wait for the bridge to link the project with the airport. In fact, the new bridge will open up much of the region south of Incheon and spur growth. At two occasions over the week, Korean friends commented on the bridge making travel more convenient and that local businesses would benefit. All were also impressed with the scope and scale of Songdo IBD.

I also had the opportunity to chat with the construction management team for the Jack Nicklaus Golf Club Korea. They shared that the golf course was one of the most eco-friendly in the world. What I found interesting was not only the technology involved in the project, but Jack Nicklaus’ ongoing interest in the Songdo IBD golf course.

To conclude, over the week despite many in Korea feeling the impact of the global recession (and scarce Foreign Direct Investment in Korea)…Songdo IBD, the Gale International team, and their partners are moving forward with the project.

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Mayor Ahn Sang-soo Shares Vision For Incheon as World Class City

Saturday, February 21st, 2009
Incheon Mayor Ahn Sang-soo

Incheon Mayor Ahn Sang-soo

By Don Southerton, Songdo IBD CityTalk Editor and Chief Blogger

Joong Ahn Daily recently interviewed Incheon mayor Ahn Sang-soo. The article shared the mayor’s vision for the city and the importance of Songdo IBD projects such as the Jack Nicklaus golf course.

The future of Incheon is built on vision and synergy, according to its ambitious mayor.

Ahn Sang-soo, the mayor of the port city, says he is set on transforming Incheon into a global hub of finance, business and culture.

The final facelift of Incheon is not scheduled until 2020 with the completion of three free economic zones: Songdo, Yeongjong and Cheongra.

But the mayor is impatient to get going. “Just after 2014, it’s going to be one of the best 10 high-end cities in the world,” the mayor said in an interview with the JoongAng Daily. By then, 80 percent of the development will be complete.

Ahn’s vision calls for a city housing more than 300 multinational corporations in the free economic zones. They will be complemented by 13 international agencies, including institutions under the United Nations.

The Asia and Pacific Training Centre for Information and Communications Technology for Development is already operating and five others are in the discussion stage, Ahn said. To display its vision, the city will hold a Global Fair and Festival. The 80-day festival, themed “Lightening Tomorrow,” will offer visitors a journey to the future. Kicking off on Aug. 7, it expects to host participants from 100 countries.

“A future city can’t be described in a single word,” Ahn said. “It’s a mix of everything.”

The city Ahn envisions is one where almost everything can be accessible within 30 minutes.

“In the past one would have to go downtown to work and go to the suburbs to live,” Ahn said. “You had to commute which isn’t good for the new generation. Almost all cities have the same paradigm.”

When fully developed, Incheon’s new zones will closely integrate residential, business, medical and educational facilities.

Ahn says the future Incheon will be a city that offers a pleasant living environment and is economical. “Spending is important when vitalizing the economy,” he said. “But residents should not be burdened by additional costs” for accessing work and cultural facilities.

“A city once built lasts for 100 to 200 years,” Ahn said. “Therefore, one needs to be cautious when developing a city since it is difficult to undo what has been done.”

The mayor showed confidence that the upgraded Incheon will be a paradigm for future cities. Similar cities will include positive aspects of Singapore, Shanghai, New York and San Francisco, the mayor said.

As Incheon transforms, the mayor expects its current population of 2.75 million to increase up to 3.5 million by 2014. The central government recognized the potential of the country’s third-largest city when it designated Incheon’s free economic zones in 2003.

However, the mayor said the city is not in competition with Seoul. Rather, he stressed synergy would be generated by the two cities in areas including education, medicine, high-tech and logistics.

Ahn said the synergy would extend to the North Korean city, Kaesong, where there is access to low cost real estate and less expensive labor.

In fact, connecting Kaesong, Incheon and Seoul is one of Ahn’s key goals.

By linking the three, he hopes to form what he calls a “Golden Peace Triangle,” that will not only contribute economically, but also bring peace and stability to North and South Korea.

The mayor said once the 1.8-kilometer (1.1-mile) bridge is built from Ganghwa Island, which is part of Incheon, to the mainland, products manufactured from Kaesong could be transported to the international airport in less than an hour. Products could also be delivered to Incheon’s port.

The mayor is a glass-half-full optimist. He even sees a silver lining in the current economic crisis.

“Potential investors have mentioned that after this financial crisis, China, India and Korea would emerge as countries good for investment,” Ahn said.

Dubbed CIK, the countries will be front runners in economic recovery because of their rapid growth and efficient infrastructure, the mayor said.

“In the past they [investors] weren’t constrained because they could succeed anywhere,” Ahn said. “But after the crisis, you have to choose safe investments.”

He said Incheon is such an investment not only because it has free economic zones but because it has logistical advantages thanks to the international air and sea ports.

The city also has a geographic advantage as it is located close to the two major Asian economies – China and Japan – with access to a market of over a billion.

Incheon already has secured several prominent global investors, including Gale International and Portman Holdings.

Portman is jointly building Songdo’s signature 151-story skyscraper, Incheon Tower, with Hyundai Engineering and Construction and Samsung Engineering and Construction,

The skyscraper is scheduled for completion in 2014 when Incheon hosts the Asian Games.

“Elsewhere in Korea you cannot see towers like in Incheon,” the mayor said.

Incheon not only aims to be a top financial or business center in Asia, but wants to be a center for service industries, including education, health, tourism and culture.

“We are going to have more than 10 foreign universities,” Ahn said.

North Carolina State University, the State University of New York, University of Southern California and Delaware State University are some of the foreign schools that plan extended campuses at Incheon.

Additionally, a prominent U.S. hospital is negotiating with the city to establish services there.

The mayor said some U.S. students will study courses at the universities for a year or more. Classes will be in English, although some of the staff will be Korean.

The city is also in talks with New York’s Guggenheim Museum to set up a branch in Songdo.

On a more leisurely note, famous golfer Jack Nicklaus is designing an 18-hole golf club in the Incheon Free Economic Zone. The mayor said Nicklaus told him that he has designed more than 250 golf courses in the world but only allowed his name to be used in five. The Incheon course is one of those.

The mayor said the city has decided to hold a Senior PGA tour October next year.

The city also plans an Art Center similar to Sydney’s Opera House. It will be run by the internationally famed maestro Chung Myung-whun.

Additionally, Incheon is strengthening its entertainment efforts. The Paramount theme park, currently under construction within the Songdo free economic zone, is scheduled to be completed in 2011.

All of these lofty ambitions will be on display this summer, as Incheon hosts Global Fair and Festival 2009.

The primary goal of the event is to promote Incheon as a brand.

“I hope more than 7 million visitors from home and abroad participate in this occasion,” Ahn added.

Another event to be held this summer is a marathon that will take place on the recently constructed Incheon Grand Bridge, which stretches 21 kilometers. The mayor is also planning to hold an evening event where 20,000 participants would enjoy a lunchbox dinner on the bridge.

The bridge, which is the longest in Korea and the fifth longest in the world, is to temporarily open for the festival in August. It will be in full operation in October.

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