On August 20, 2021 (Friday), a business agreement was signed between IFEZ and the Songdo International City Management Council, a divisional corporation. The main contents of this agreement are △ mutual cooperation to attract excellent companies and attract members of associations △ participate in social contribution activities with IFEZ △ share business status of member companies, technology development promotion and innovation cases △ support management consulting such as education, labor, and tax. The Songdo International City Management Council was launched in July 2011 to exchange management technologies and functions in Songdo International City, and consists of 140 companies including 48 regular members.