Democratic Party: "We Will Attract Amazon... Make Busan New Port Station the Eurasia Railway Terminus"

Lee Nak-yeon, leader of the Democratic Party of Korea, is taking a commemorative photo with participants at the Southeast Region New Economic Engine Promotion Strategy Presentation and Discussion held at the National Assembly in Yeouido, Seoul on the 9th. Members of the National Assembly Min Hong-cheol (from left), Lee Kwang-jae, Kim Doo-kwan, Ahn Min-seok, Leader Lee Nak-yeon, Kang Hoon-sik, Kim Jung-ho, Lee Yong-woo, Choi In-ho, and Kim Young-bae. Photo by Yoon Dong-joo doso7@

[Asia Economy Reporter Park Cheol-eung] The Democratic Party of Korea announced that it will accelerate the construction of a Tri-Port encompassing airports, ports, and railroads as a development strategy for the Southeast region. They also revealed ambitions to attract global companies such as Amazon.

The Democratic Party's K-New Deal Committee held a "Southeast New Economic Engine Promotion Strategy Presentation and Discussion" at the National Assembly on the 9th. Kang Hoon-sik, head of the Regional Balanced New Deal division, emphasized, "Shanghai, China is advancing based on tremendous domestic demand," adding, "We must make Busan a true Tri-Port platform to surpass Shanghai."

He continued, "It should leap forward as an alternative base to Incheon Airport, and by making Busan New Port Station the terminus base of the Eurasian Railway, we must complete the logistics platform."

Busan Port is connected to about 500 ports worldwide, and by constructing the new Gadeokdo Airport and linking it, along with building access railroads and hinterland railroads, a complex transportation system will be established.

Kang said, "We will attract global companies such as Amazon to ensure the transport center operates smoothly," and added, "If a logistics industry hinterland complex and city are developed based on the Tri-Port, a Tri-Port megacity can be completed."

He further stated, "We expect the development of Gadeok New Airport and its hinterland complex to induce employment for 400,000 people and generate nearly 200 trillion won in production inducement effects," adding, "The impact will be even greater when including the Tri-Port."

There is hope that this will be the first step toward transforming the metropolitan system into a multipolar system. Lee Kwang-jae, head of the K-New Deal Headquarters, said, "Great politics is a strategy that changes the fate of the land. Bold politics regarding the national territory are necessary," and noted, "During President Roh Moo-hyun's administration, there was an attempt to make Busan and Incheon future growth strategies, but while Incheon was half successful, Busan's original plan was insufficient. The plan to connect the new airport, new port, and railroad to surpass Singapore and Shanghai was abandoned during Presidents Lee Myung-bak and Park Geun-hye's administrations."

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