Busan City will receive 200 million KRW in funding from the Korea Tourism Organization for the '2020 Busan One Asia Festival' to be held this October. Scenes from last year's event. (Photo by Busan City)

Busan City will receive 200 million KRW in funding from the Korea Tourism Organization for the '2020 Busan One Asia Festival' to be held this October. Scenes from last year's event. (Photo by Busan City)

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[Asia Economy Yeongnam Reporting Headquarters, Reporter Ju Cheol-in] The Busan One Asia Festival, hosted by Busan City, has been selected as an A-grade event, the highest rating, in the Korea Tourism Organization's 2020 K-pop concert support project, receiving a support fund of 200 million KRW.


Now in its 5th year, the Busan One Asia Festival (BOF) has been selected as the top grade for four consecutive years, proving its status as Korea's premier K-pop festival.


Busan City explained that the Busan One Asia Festival held last year at Hwamyung Ecological Park in Buk-gu attracted about 152,000 visitors over seven days, establishing itself as Korea's best K-pop festival.


A Busan City official said, "Due to COVID-19, many performances, exhibitions, and festivals have been canceled, leaving the tourism industry in a slump," adding, "We will prepare to ensure that this year's BOF event proceeds without any issues."



This year's Busan One Asia Festival will be held across Busan from October 24 to October 31 for eight days.


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

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