Busan, the Hub of Global Marine
Logistics in Northeast Asia
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Key Industries
Smart maritime, intelligent machinery, future mobility, global tourism, information and communication technology, artificial intelligence, bio-health, green energy, renewable energy.
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Population
3,391,946 -
Number of Companies
290,291 -
Employees
1,465,878 -
Amount of Production
76.3 (unit: USD 1 billion)
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Promotional Materials
Busan Jinhae Free Economic Zone (BJFEZ)
Busan Port is the best logistics hub in Northeast Asia, dealing with 75% of domestic cargo volume and boasting its world-wide ranking for container traffic volume (no. 7) and transshipment cargo (no. 2). Busan Jinhae Free Economic Zone (BJFEZ) is a global industrial cluster of shipbuilding, automobile, and machinery industries as well as a key region for next-generation digital technologies, including electric vehicles and data centers.
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Vital Maritime Hub Linking East Asian Economies, Busan
Busan, one of the biggest maritime cities in Northeast Asia, is Korea’s second city after Seoul, with a population of approximately 3.5 million. The city handles 96.8% of domestic transshipment capacity and 76.6% of domestic container cargo as a geopolitical gateway that links between two large regional trade blocs, economic communities in North and South Asia by forming logistics networks with 500 ports in 150 counties worldwide.