Business-Friendly City
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Economic Hub of Southeast Region
Busan is the logistics and economic hub of the southeast region in Korea. As an industrial hub of Korea with a population of 7.63 million, it handles 90% of shipbuilding and shipbuilding parts production, 45% of automobile production and 40% of manufacturing.
Optimal Transportation Infrastructure
Busan, which operates inland, air, and marine transportation systems both at home and abroad, provides the optimal transportation infrastructure that connects the sea with the land, offering benefits including the promotion of transportation convenience for enterprises and the reduction of logistics cost.
Outstanding Human Resources
Busan possesses excellent human resources based on its large population of 3.6 million and competitive education infrastructure. Busan is home to world-famous R&D centers including Fraunhofer Application Technology Research Institute, INI-GraphicsNet, Rolls-Royce University Technology Centre, Lloyd’s Register Foundation Research Center of Excellence and APEC Climate Center, 25 universities and 334 research institutes.