This port city is located 40 kilometers west of Seoul. Theagreement covers a plot of about 3.72 sm in Songdo InternationalCity, according to city officials. The site forms part of theInternational City, earmarked as the Incheon Free Economic Zone,and which South Korea is seeking to turn into a business hub inNortheast Asia.

Portman has organized a consortium for the business with twomajor South Korean construction companies, Samsung Corp. andHyundai Engineering & Construction to build the twin buildings,named Incheon Tower, by 2010.

The twin buildings will be connected by three sky bridges in themiddle of the buildings and have a total floor space of 528,000 sm.The consortium will also develop land around the building intohousing, leisure, sports and cultural facilities. The610-meter-high, 151-story Incheon Tower will be the second tallestbuilding after the 706-meter, 160 story Burj Dubai to be completedin Dubai by 2008.