OREANDA-NEWS. September 20, 2013. Incheon International Airport Corporation and Johnson Matthey Catalyst Korea of Johnson Matthey group, a world-renowned enterprise in the field of manufacturing high purity chemicals and catalyst, have signed an enforcement agreement to build a delivery center in Incheon Airport Distribution Complex for Asia region delivery.

The plottage of the enforcement agreement conclusion will occupy 19,679m? of Airport Distribution Complex stage1 area.

Johnson Matthey Catalyst plans to begin the construction in the middle of September, 2013 by direct foreign investment of more than five million USD and finish all the construction work by the first half of 2014.

By signing such an agreement and through high value transshipment traffic exploration strategy, Incheon Airport Corporation plans to strengthen its position as distribution hub.

So far the main-stream usage form of the delivery center within the airport distribution complex was the leasing of some space for the logistic businesses to give the distribution professional outsourcing.

On the contrary, the fact that Johnson Matthey Catalyst delivery center will be built within the Airport Distribution Complex through the direct investment of global manufacturing enterprise for the first time since Incheon International Airport was opened brings a great meaning in this matter. It is expected that this business will deliver maximum of 300t per year, create more than 50 job positions and earn more than 45 billion Korean won.

At the beginning stage of distribution complex operation, Incheon Airport Corporation, following the phased business promotion strategy, was keeping the simple import-export-like warehouse functioning as a business role-model. As for now, Incheon Airport Corporation continuously puts efforts to discover and attract its ideally suitable role-model.

President & CEO of Incheon Airport Corporation Jung, Chang-Soo said that “Asia delivery center, which true meaning is in re-exporting of more than 50% of goods being transported, moving into Free Trade Zone within Incheon Airport will highly contribute to the vitalization of Free Trade Zone within Incheon Airport.

It is a great achievement which would be never reached if not for Ministry of Land, Infrastructure and Transport, which actively participated in investment attraction and licensing during the first stage and did not hesitate of a strong support, along with Seoul Regional Aviation Administration and the creation of an active cooperation system between them.

It is expected that the attraction of a global enterprise using Incheon Airport's network and advanced delivery process will be accelerated.”

In addition, to attract the manufacturing and delivery base of global enterprises, Incheon Airport Corporation uses not only simple Build- Operate-Transfer(BOT) method, but also Airport Corporation direct investment, SPC among Corporation and Financial Investors as well as financial investors’ matching and other investment attracting methods to diversify its strategies.