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Located in Incheon, 62 kilometres (40 miles) from Seoul and 40 kilometres (25 miles) from the border of North Korea, Songdo was created in 2001 to be a Northeast Asian hub for International business. Built on 1,500 waterfront acres, the city will be completed in 2015 and plans for the area designate it as an extensive business district that will also include residential space, retail squares, parks, museums, and a hospital.
