Busan/Jinhae FEZ
Busan / Jinhea Free Economic Zone (104.8km2,~2020)
Vision
Designate Busan and Jinhae area as a free economic zone and build the zone into a maritime logistics base centered around the new port.
In the process, spur the transition towards a new industrial structure to maximize the ripple effect from development of Korea into the business hub of Northeast Asia.
Global center of Logistics and business
- Emerge as the heart of Korea's southeastern economy
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- Korea's second leading economic zone rivaling Seoul metropolitan area
- Economic center of Busan, Ulsan and Gyeongsangnamdo
(Cluster of shipbuilding, automobiles, machinery and parts)
- Grow into new base for Northeast Asian logistics
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- New airport in the southern region
- New port with 30 berths
- Start and end points for Trans-Siberian Railway(TSR) Trans-Mongolian
(TMR) and Trans-Chinese Railway (TCR) with the opening of
inter-Korean railway
- Build green international city
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- International city complete with high quality medical service, schools
and convention centers
- Pleasant ecological city in tune with nature
- Create tourism & leisure city
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- Water sports, cruise ships and yachts in pure and clean ocean
- Resort town with ski dome, golf courses and hotels
Development Plan
Build new port with 30 berths by the year 2015 in connection with Busan Port which boasts the fifth largest container handling volume in the world.
Featured in the zone will be foreign schools, hospitals, and an international business complex. The zone will serve as the cornerstone of Korea's strategy to become the hub of Northeast
Asia by setting global standards, and providing various services for foreign investors.
The world's premier logistics hub
- Green tourism and leisure
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-Ungdong district tourism &
leisure complex
-Namsan district resort center
-Maritime tourism infrastructure
-Eco-friendly environment
- Optimal environment for companies
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-International medieval complex
-Foreign educational institutions
-Cutting-edge R&D centers
-Pleasant residential community for
foreigners
- Knowledge-based business city
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-BJFEZ Ubiquitous City project
-Myeongi new international city
-International business city in
Songjeong district
-International maritime business
city in Gaju district
- Hub of cutting-edge industries
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-Shinho industrial complex
-Busan science and industrial complex
-State-of-the-art industrial complex in
foreign investment zone
-Cutting-edge industrial complex in
Mieum district
- New logistics hub of Northeast Asia
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-New Port and northern hinterland
-New port and southern hinterland
-West Busan logistics complex
-Expanded infrastructure facilities
to reinforce logistics competitiveness