Change in Songdo Bio Complex Implementation Plan Reflecting New Dormitory Construction at Incheon National University

Two Buildings with a Capacity of 906 People... Completion Scheduled for June 2025

On the 13th, the Incheon Free Economic Zone Authority announced that it had approved the change of the implementation plan for the Bio Complex in Songdo International City, Yeonsu-gu, where the campus is located, to build a new dormitory for Incheon National University.

Incheon National University is a facility designated as a school (university) among urban planning facilities under the "Special Act on the Designation and Operation of Free Economic Zones." To build a new dormitory, the detailed urban management plan must be changed before proceeding with administrative procedures such as building permits.

The newly constructed Incheon National University Happy Dormitory will consist of two buildings with one basement floor and 14 above-ground floors, accommodating a total of 906 people, with completion targeted for June 2025. Inside, there will be 588 rooms including single rooms, double rooms, and rooms for the disabled, as well as convenience facilities such as a fitness room, kitchen, and laundry room.

Incheon National University Happy Dormitory Rendering [Provided by Incheon Free Economic Zone Authority]

The Korea Private School Promotion Foundation will finance the dormitory construction with a project cost of 36.3 billion KRW through a Build-Transfer-Operate (BTO) model, then transfer ownership to Incheon National University while retaining the right to operate the dormitory and receive profits for 30 years. Once the dormitory is completed, the dormitory rate for enrolled students at Incheon National University will increase from the current 24.3% to 31.4%.

An official from the Incheon Free Economic Zone Authority stated, "With the approval of the revised implementation plan reflecting the construction of the Incheon National University Happy Dormitory, we expect that the housing burden on students will be alleviated, and it will help improve living conditions and foster a better study environment."

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