Busan is good

The strength of Busan lies in its ability to connect Korea with the rest of the world and build a better future by embracing both the past and present of Korea.
Geopolitically, as a gateway to the Eurasian continent, Busan is leaping forward as a global hub city and positioning itself to serve as a launching pad to open the Pacific Era.

Major Companies

Overview of International Conferences Held in Busan

• 2019ASEAN-Republic of Korea Commemorative Summit
• 2017International Telecommunication Union (ITU) Telecom World
• 2015Annual Meetings of the Inter-American Development Bank (IDB) and Inter-American Investment Corporation (IIC)
• 2010G20 Finance Ministers and Central Bank Governors Meeting (FMCBG)
• 2009OECD World Forum
• 2005APEC Summit

Global Ranking

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  Ranked 22nd in the Global Smart Centres Index (SCI)

  (1st among Korean cities, by Z/Yen, a British consulting firm)

• 

  Ranked 29th in the Global Financial Centres Index (GFCI)

  (By Z/Yen, a British consulting firm)

• 

  Ranked 21st in the Global Green Finance Index (GGFI)

  (By Z/Yen, a British consulting firm)

• 

  Selected as one of the “25 Breathtaking Places and Experiences for 2023”

  (By National Geographic)

• 

  5th in Asia and 17th ranked MICE city in the world

  (By the Union of International Associations (UIA))

Domestic Ranking

The first ‘International Safe Community’ among world metropolitan cities

(By the International Safe Community Certifying Center)

Securing the safety of citizens and improving the city’s international image through the promotion of International Safe Community certification projects

• 

  Ranks 1st in city brand rankings

  (By the Korea Corporate Reputation Research Institute)

• 

  Ranks 1st in the Work-Life Balance Index

  (By the Ministry of Employment and Labor)

• 

  Ranks 1st among metropolitan cities in the Citizens' Happiness Index

  (By the National Assembly Futures Institute)

Urban and Industrial Infrastructure of Busan

Construction of the Gadeokdo New International Airport (scheduled to open in 2029)

• As a gateway airport in the southern region, this international airport will carry out related passenger and logistics functions, serving as a safe 24-hour airport for passengers and cargo
• Facility area 4 mil. m² (offshore 100%), runway 3,500m

Fostering a global maritime port city

• Phase 1 (2008~2022): It is beneficial to create water-friendly complexes to serve port facility functions, as well as commercial and business functions, to better serve as an international gateway
• Phase 2 (2020~2030): Redevelopment of port districts, railroad facilities, and old industrial complexes

Establishment of a foundation for balanced development and innovative urban spaces

• Establishment of a new area wide express transportation system to connect with the metropolitan area and improve downtown accessibility to and from the Gadeokdo New International Airport (2021~2030)
• Construction of a self-sufficient city in connection with the new airport and new port through the creation of Eco Delta Smart City (2012~2023)

Creation of a smart logistics city center based on a tri-port system

• Creating a smart logistics hub city based on a tri-port system by establishing a major logistics platform in Northeast Asia and supporting the development of the logistics industry through the restoration of railway facilities, and expanding the logistics transportation network
• Building a globally leading port by attracting logistics companies and generating added value.