South Gyeongsang,
Role of Administrative Cities and Science Cities
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Key Industries
Aerospace, future mobility, logistics, tourism, information and communication technology, renewable energy
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Population
3,340,470 -
Number of Companies
397,699 -
Employees
1,529,683 -
Amount of Production
12.1 (unit: USD 1 billion)
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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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Hub of Industry and
Innovation in Southeast Korea, South Gyeongsang
Innovation in Southeast Korea, South Gyeongsang
South Gyeongsang Province has a massive consumer market of 15 million people with its advantage of being adjacent to the Southeastern industrial cluster, Busan Metropolitan City, Gwangyang-Jinju metropolitan area and Daegu-Pohang metropolitan area. Also, the province is well-known for its largest industrial complex for transportation equipment and cutting-edge defense industry with the well-established R&D infrastructure including national research institutes, universities and corporate research institutes.