South Korea's "ubiquitous" Songdo city begins to take shape
It's been a good long while since we've heard anything about South Korea's planned "ubiquitous city," Songdo, but it looks like the mammoth effort is finally beginning to take shape, as evidenced by the BBC's recent trip to the $200 billion development. According to the BBC, the city is now scheduled for completion in 2015, as opposed to 2014, but the first few developments will apparently be open for business as soon as 2009. Somewhat disconcertingly for South Korea, however, is the complete lack of any blue chip companies that have signed up for a piece of the action as of yet, despite the promised incentives that come from the city being located in the Incheon Free Enterprise Zone (IFEZ). The folks behind the development seem confident that companies will eventually come flocking to the city though, with its central location between China and Japan, and its blanket of technology, including WiFi and RFID, promising to work in its favor.
