Busan-Jinhae Free Economic Zone

Northeast Asia's Premier Logistics and Business Center


Busan-Jinhae Free Economic Zone

Northeast Asia's Premier Logistics and Business Center

The Busan-Jinhae Free Economic Zone is Northeast Asia's premier logistics hub, built around a new port that is the world's second-largest transshipment port and seventh-largest container port. In addition to intermodal logistics created by a solid logistics infrastructure of ports, airports, and railways, the city also boasts global manufacturing clusters for industries such as shipbuilding equipment, automotive, and machinery. It also hosts a variety of research centers for global emerging industries, such as the bio and medical fields.

  • Designation Date2003.10.30
  • Development period2003 to 2027



Global Port, Port of Busan
  • 2nd most transshipment port in the world
  • 3rd most weekly sailings (279)
  • 7th in the world in container throughput
  • Handles approximately 75% of Korea's containerized cargo
  • 25,000 TEU berth capacity
  • 26 berths currently in operation
  • Total of 60 berths in operation upon completion of Jinhae New Port (2040)
Logistics Tri-Ports
  • [Port] Busan Port New Port + Jinhae Port New Port (2040)
  • [Aviation] Gimhae International Airport + Gadeokdo New Airport (2029)
  • [Rail] New Port Hinterland Railway, the terminus of the Busan New Port Line and a dedicated freight station
Excellent Industrial Base ㅡ Manufacturing Clusters
  • 90% of the domestic ship equipment industry
  • 50% of domestic auto parts industry
  • 40% of domestic mechanical parts industry located in BJFEZ and nearby areas

Busan-Jinhae Free Economic Zone Major projects

  • New Port District

    Detail view


    • LocationAll areas of Songjeong-dong and Seongbukdong, Gangseo-gu, Busan, and Yongwon-dong, Jinhae-gu, Changwon-si, Seongbuk-dong
    • Project cost56,527 billion
    • Business period2000 to 2027
    • Planned population19,000
    • Construct a mega-hub port for northeast Asia and a logistics hub port
    • Construct a cutting-edge complex logistics base that supports a function of port and a background city
    • Contribute to promoting a harbor physical industry to grow as the leading marine city
  • Myeongji District

    Detail view


    • LocationAll areas of Myeongji-dong, Sinho-dong, Hwajeon-dong, and Daejeo-dong, Gangseo-gu, Busan
    • Project cost52,395 billion
    • Business period1993~2025
    • Planned population 110,868
    • Create a hub for international business and a settlement environment for foreigners
    • Secure the main space for providing the global standard of settlement environment, including residence, education, etc.
    • Create an eco-friendly ecological polis, such as establishing a large scale central park and green network
  • Ungdong District

    Detail view


    • LocationNamyang-dong, Nammun-dong, Sudo-dong, Jejeok-dong, and Waseong and Ungdong Bay, Jinhae-gu, Changwon-si
    • Project cost22,934 billion
    • Business period1988~2027
    • Planned population18,918
    • Develop an industrial complex to attract the cutting-edge industry
    • Establish a distribution district by creating a background supply complex for the new harbor
    • Provide a high-quality leisure·recreational service by establishing a tourist leisure complex
  • Jisa District

    Detail view


    • LocationJisa-dong, Mieum-dong, Saenggok-dong, Songjeong-dong, Noksan-dong, Gangseo-gu, Busan
    • Project cost40,880 billion
    • Business period1992 ~ 2023
    • Planned population 29,724
    • Automobile parts, machine, shipbuilding equipment, and cutting-edge parts materials industry cluster
    • The center of cutting-edge research facilities, such as hydromechanics Research Lab at FAU (Friedrich Alexander University in Germany), Mieum R&D research special zone, etc.
  • Dudong District

    Detail view


    • Location Yongwon-dong, Du-dong, Jinhae-gu, Changwon-si, Gyeongsangnam-do
    • Project cost7,282 billion
    • Business period 1988 ~ 2023
    • Host population22,421
    • Expand distributive research and enhance R&D function
    • Plan convenience for workers in the district by developing residential area
    • Create an urban hybrid leisure space

Major resident companies

  • Wilo Pump

    [Germany] Wilo Pump manufacturing pumps and systems for building services and industrial applications
  • Tsubakiauto Automotive Korea Co.

    [Japan] Tsubakiauto Automotive Korea Co. manufacturing automobiles’ engine parts
  • Höganäs Korea

    [Sweden] Höganäs Korea manufacturing powdered metals
  • LS Metal Co.

    [Korea] LS Metal Co. manufacturing copper tubes and pipes, stainless steel pipes
  • LG CNS Data Center

    [Korea]LG CNS Data Center information services

Contact point

  • Tel051-979-5000
  • Investment consultationBusan : +82 51-979-5241, Jinhae : +82 51-979-5261
Online Investment Consultations