On October 27, 2017, Ms. Inseon Lee was inaugurated as the 4th President of DGFEZ and took her first step to invigorate the local economy.

In her inauguration speech, Ms. Lee said, “By exerting my experience as a college professor, head of a research center, and a Vice Governor of Economy, I will use everything I have so that DGFEZ would invigorate the local economy,” showing a strong commitment to contribute to the local economic development.

Ms. Lee cancelled many events on her first day, including her own inauguration ceremony, and received operation briefings, before she rushed out to visit field facilities and cooperating organizations, in order to minimize the aftermath of the leadership vacuum over the past three months and practiced ‘hand-on administration’ herself.

In addition, she asked the employees of her organization to do their duties and responsibilities in order to create jobs in the area, emphasizing that DGFEZ is a symbolic organization of co-prosperity and cooperation in the region that can create good jobs and invigorate the local economy.

Ms. Lee added, “In order to find a solution for the ever-slowing economy of the city, it is imperative to draw companies into the city. And, in order to induce investments from foreign companies with impacts, it is necessary to provide dramatic incentives based on the contributions, including supporting of the land, taxes and other supports,” presenting the direction of his policies. Also, she disclosed his plan to “give everything I have got to provide a new driving force for leading the development of the city and the country with a realizable roadmap and clear goals, working together with the employees as a team for the next three years.”