Busan, a marine capital city in Asia, is moving forward as a cutting-edge logistics center for Northeast Asia.

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Fostering marine & logistics industries (fifth largest container port in the world – 16 million TEU in 2011)

Fostering Busan New Port as Northeast Asia’s major port

  • Strengthening its competitive edge as a global port – scheduled to complete the 30-berth container port in Gadeokdo Island by 2015
  • Establishing a 10.95 million square meter-hinterland complex next to the Busan New Port: oil terminal (in 2014) and a ship repair and shipbuilding complex (in 2015)
  • Building railroad links for Busan New Port (opened in December 2010): Busan New Port – Samnangjin Station (38.8km)

Fostering international industrial logistics complex for Busan News Port

  • Gangseo area: building a cutting edge global industrial logistics complex (33km2) by 2020
  • Metropolitan industrial complex (20km2): strategic project for the Southeast Economic Region, IT convergence parts and marine industries
  • Comprehensive logistics complex (9km2): global assembly and processing industries, parts and materials industries
  • Knowledge-based city (4km2): international affairs, R&D, education, tourism, residential district

Redeveloping of the North Port (Central Bay)

  • Redeveloping the 1.53 squarer kilometer-waterfront area between the domestic ferry terminal and the pier No. 4 of Busan North Port into a worldwide beautiful port by 2019
  • Developing the North Port into an international marine business and tourism hub where waterfront, shipping, commercial and business facilities will be located
  • Building railways near Busan Station as a part of the plan to re-develop the North Port

Establishing marine and R&D cluster

  • Building Dongsam Innovation Zone (610,000 m2) at Dongsam-dong, Yeongdo-gu by 2012
  • Relocating marine-related agencies and facilities including the Busan Coast Guard, International Cruise Terminal and Marine Environmental Technology Center to the cluster
  • Relocating the Korea Ocean Research & Development Institute, Korea Maritime Institute, Korea Hydrographic and Oceanographic Administration, National Fisheries Products Quality Inspection Service to the cluster
  • Opening the National Marine Museum (in May 2012): the first comprehensive marine museum in the world
  • Establishing the Korea Marine Science Technology Institute (in July 2012): conducting R&D on marine science and technology, cultivating professionals

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