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Among the 291 head offices of financial institutions located in Seoul, 93 are based in Yeouido. Notably, 42 out of 68 asset management companies and 8 out of 11 futures companies have their head offices in Yeouido. Thus, sufficient infrastructure has been established in Yeouido for the development and expansion of the financial district, which is centered on the asset management business with a heavy concentration of the related financial institutions.

Yeouido International Financial Center

Location	Yeouido-dong, Yeongdeungpo-gu, Seoul
Land Area	3,976,788m²
Industries to be attracted	Companies related to finance, consulting, law and accounting, and the regional headquarters of multinational companies

At present, financial regulatory organizations such as Financial Services Commission and the Financial Supervisory Service as well as the Korea Exchange are located in Yeouido. The presence of financial regulatory organizations in the same area makes it easy for financial institutions to share related information and facilitate communication. In addition, being adjacent to the Korea Exchange, financial institutions can raise their work efficiency.

As regards the fostering of financial human resources, the Korea Institute of Financial Investment, located at 45-2 Yeouido-dong, Yeongdeungpo-gu, runs a professional training center dedicated to the reeducation of financial human resources.

Meanwhile, Seoul Metropolitan Government has built the Seoul International Finance Center (IFC Seoul) to foster Yeouido as an international financial hub and to create a financial cluster in which financial companies and institutions are concentrated. The center comprises three office buildings, a hotel, and a retail mall.

Classification	Contents
Summary	Developer: Seoul City, AIG Global Real Estate Development Location: 23 & 23-1, Yeouido-dong, Yeongdeungpo-gu (previously the site of the exhibition center for small & medium enterprises) Total floor area: 504,880m² - Two IFC(29 stories) area: 61,870m² - Three IFC(55 stories) area: 128,964m²
Purpose	To build a pivot of the financial industry cluster in Seoul and a symbolic facility for the financial infrastructure of Seoul. To secure the infrastructure required to attract global financial institutions and multinational companies. To establish an efficient network of the related industries including finance, law and accounting.
Development Method	Seoul Metropolitan Government (Lease land), AIG (Development, construction and operation)
Duration of Construction	2006 ~ end of 2012
Moving-in status	Contracts have been concluded for 28 companies to move in, including the world’s leading international financial companies such as One IFC, New York Melon Bank, Daiwa Securities and Deloitte. More than 110 premium brands are moving in, including IFC Mall, a multiplex cinema CGV, Youngpoon Bookstore, Korea’s largest bookstore-cultural space, and world-class SPA brand ZARA, and H&M. (Scheduled to open in August 2012) Conrad Hotel – a premium brand belonging to the Hilton Group (464 rooms scheduled to open in Nov. 2012) Global financial companies and accounting, consulting and law firms are planning to move into the Two, Three IFC.
Industries and companies that can move in	A pivot of the financial industry cluster and a symbolic facility for the financial infrastructure Global financial institutes and multinational companies Financial industries and related industries including law and accounting