President of Busan-Ulsan-Gyeongnam Chamber of Commerce Unites to Attract 2030 Busan World Expo

Jang In-hwa, Chairman of the Busan Chamber of Commerce and Industry (center), Lee Yoon-chul, Chairman of the Ulsan Chamber of Commerce and Industry (left), and Koo Ja-cheon, Chairman of the Gyeongnam Chamber of Commerce and Industry Council, have agreed to jointly promote the bid for the 2030 Busan World Expo.

[Asia Economy Yeongnam Reporting Headquarters Reporter Joo Cheol-in] The business communities of Busan, Ulsan, and Gyeongnam, who have voiced unified support for the construction of the new Gadukdo Airport, have also decided to join forces in the bid to host the 2030 Busan World Expo.

On the 5th, the Busan Chamber of Commerce and Industry held a joint declaration ceremony officially supporting the bid for the 2030 Busan World Expo at the Busan Chamber's international conference hall, together with the Ulsan Chamber of Commerce and Industry and the Gyeongsangnam-do Chamber of Commerce and Industry Council.

This event was realized after Jang In-hwa, chairman of the Busan Chamber of Commerce and Industry and executive member of the 2030 Busan World Expo Private Hosting Committee, requested joint support declarations from the business communities of Ulsan and Gyeongnam to spread nationwide interest and enthusiasm for the bid. Ulsan Chamber Chairman Lee Yoon-chul and Gyeongnam Chamber Council Chairman Koo Ja-cheon readily joined the effort.

With less than two years remaining until the host city is decided, the 2030 World Expo has recently received bid applications from Moscow, Russia, Busan, South Korea, and most recently Rome, Italy, intensifying the competition among candidate countries.

In the joint declaration adopted that day, the business communities of Busan, Ulsan, and Gyeongnam stated, “Hosting the 2030 Busan World Expo will showcase South Korea’s capabilities to the world, create new economic growth engines in the Busan-Ulsan-Gyeongnam region, promote balanced regional development, and act as a catalyst for establishing the Southeast Mega City.”

They added, “During the six-month event, over 200 participating countries and more than 32 million global visitors will gather for this mega event, which is expected to generate economic effects worth 61 trillion won and serve as an opportunity to realize a hyper-connected society based on future innovative technologies.”

Chairman Jang said, “From today onward, the 2030 World Expo bid will be a catalyst for the leap forward of the Busan-Ulsan-Gyeongnam region beyond Busan itself and will become a mega event that elevates South Korea’s national prestige. The achievements of the 2030 Busan World Expo will be shared for the joint prosperity of the Busan-Ulsan-Gyeongnam region.”

Ulsan Chamber Chairman Lee Yoon-chul emphasized, “This event is a meaningful occasion to unite the intentions of the Busan-Ulsan-Gyeongnam region. We will leverage the region’s high potential, comparable to the metropolitan area, to host the Expo, lead future technologies, and nurture talent.”

Gyeongsangnam-do Chamber Council Chairman Koo Ja-cheon said, “As a registered Expo is a commercial and economic Expo where companies must take the lead, businesses should spearhead the effort, which will also have ripple effects. We will use the Expo bid as a starting point for balanced regional development and the establishment of the Mega City, making it an opportunity for the Busan-Ulsan-Gyeongnam region to design its future with one heart.”

The Busan Chamber plans to dispatch an economic delegation composed of local companies to the 2020 Dubai World Expo, held from October to March next year, to observe the Expo site and strengthen cooperation with major city economic organizations, thereby actively advancing the bid for the 2030 Busan World Expo.

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