The city of Incheon, South Korea, is initiating full-scale efforts to establish a multi-stakeholder governance system – encompassing industry, academia, research institutions, hospitals, and government – to strengthen its bioindustry competitiveness. This initiative will be spearheaded by the launch of the ‘Incheon Bio Forum’ in January. The forum aims to foster collaboration and coordination among these key sectors within Incheon. The move signals Incheon’s commitment to developing a robust bio ecosystem. City officials believe this governance structure will be crucial for attracting investment and driving innovation in the local bioindustry. It represents a significant step toward positioning Incheon as a prominent hub for biotechnology. The forum is expected to be a central platform for policy discussions and strategic planning.