A World within Korea !

Korea's Free Economic Zones boast a winning combination of the world's best ideas, 
talent and businesses. Every day, new success stories are being told. 
Step out into the world through Korea's Free Economic Zones and create 
the future you dream of.

Home  >  FEZS  > 

Busan/Jinhae

Busan/Jinhae FEZ

Busan / Jinhea Free Economic Zone (104.8km2,~2020)

Click : View Details

Map - Busan / Jinhea Free Economic Zone
New Port Area
Northern hinterland of the new port
Southern hinterland of the new port
Myeongji Area
Myeongji District
Hwajeon District
Sinho Industrial Park
West Busan Distribution District
Jisa Area
Busan Science and Industrial Park
Mieum District
Songjeong District
Dudong Area
Dudong District
Gaju District
Macheon District
Bobae District
Moonhwa District
Ungdong Area
Ungdong District
Namyang District
Nammun District
Namsan District

BJFEZ (Busan / Jinhea Free Economic Zone)

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
- 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
- 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
- International city complete with high quality medical service, schools
  and convention centers
- Pleasant ecological city in tune with nature
Create tourism & leisure city
- 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
-Ungdong district tourism &
 leisure complex
-Namsan district resort center
-Maritime tourism infrastructure
-Eco-friendly environment
Optimal environment for companies
-International medieval complex
-Foreign educational institutions
-Cutting-edge R&D centers
-Pleasant residential community for  foreigners
Knowledge-based business city
-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
-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
-New Port and northern hinterland
-New port and southern hinterland
-West Busan logistics complex
-Expanded infrastructure facilities
 to reinforce logistics competitiveness