Busan Port North Port Developed into 7 Specialized Districts Including Culture, Residential, and Leisure

Ministry of Oceans and Fisheries Announces 'Integrated Development Master Plan'

Busan Port North Port 7 Specialized Districts.

[Asia Economy Reporter Joo Sang-don] Busan Port's North Port will be developed into seven specialized districts including culture, residential, and leisure areas. Additionally, to prepare for the surge in traffic volume due to the integrated development of the North Port, connectivity within the metropolitan transportation network will be strengthened.

The Ministry of Oceans and Fisheries announced a comprehensive integrated development plan containing these details at the 'Busan Port North Port Integrated Development Progress Report Meeting' held on the 12th at the Busan Port International Passenger Terminal.

The master plan is a comprehensive plan that advances the basic concept of integrated development announced in 2017. It was prepared to concretize the future vision of the North Port area and to promote harmonious development with the old downtown.

According to the plan, Busan Port North Port will be specialized and developed into seven districts: international gateway, waterfront, cultural district, international exchange and urban complex linked with international business and urban tourism, urban residential space, commercial, and marine leisure.

First, the Gateway, Waterfront, and Cultural District will be developed with specialization in international gateway functions such as Sanhang International Passenger Terminal, cruise piers, and KTX transfer; waterfront functions including waterfront parks and marinas; and historical and cultural functions such as the preservation of Pier 1 and the Opera House.

The International Exchange and Urban Complex District will strengthen the complex urban functions linked with international business and urban tourism by forming a central activity district surrounded by three attraction facilities (Silo Complex, Busanjin Terrace, and MICE).

The Residential Space and Youth Culture Hub District will be developed as an urban residential area combined with station zones and tourist facilities. The Modern Culture and Waterfront Commercial District will conservatively regenerate quays and warehouses to enhance the area's identity. The Marine Industry Innovation District will be fostered as a convergence and innovation growth hub for future marine new industries, and the Marine Leisure Industry Innovation District will establish a foundation for building a yacht and boat industry ecosystem while promoting the agglomeration of related industries. The Port Logistics District will be developed to maintain its function as a container-only pier serving as a port of call within Asia.

Alongside this, the Ministry of Oceans and Fisheries also announced a 'Comprehensive Transportation Network Establishment Plan' to prepare for the surge in traffic volume due to the integrated development of the North Port. This plan involves constructing a 'Ring Road' that connects the seven specialized districts in a circular manner around the North Port area, and enhancing connectivity with the old downtown through the expansion and establishment of underground roads and elevated roads. Green transportation such as trams and pedestrian roads will also be expanded.

The Ministry of Oceans and Fisheries plans to increase the execution power of the plan through collaboration with related organizations by operating the 'Busan Port North Port Integrated Development Local Government Council,' a permanent consultative body involving the Ministry of Oceans and Fisheries, Busan City, and the four relevant autonomous districts, during the designation of project implementers and the project planning stages.

Minister Moon Sung-hyuk of the Ministry of Oceans and Fisheries stated, "Based on the Busan Port North Port Integrated Development Master Plan, we will closely cooperate with Busan City to promote the project," and added, "Through this, we expect to breathe new life into the old downtown and create future growth engines for the region."

This content was produced with the assistance of AI translation services.