Look Forward! The Hub of Smart Logistics Industry in Northeast Asia ... 'Gyeongnam'

Final Report Meeting on the Basic Plan for the Northeast Asia Smart Logistics Platform Project

Basic Plan for the Northeast Asia Smart Logistics Platform in Gyeongnam Province.

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Seryeong] On the 30th, Gyeongnam Province held the final report meeting for the basic plan study on the Northeast Asia Smart Logistics Platform.

Through this study, the province established the vision and direction for promoting the smart logistics platform and prepared various business models specialized for the Gyeongnam region along with concrete implementation plans.

The Northeast Asia Smart Logistics Platform is a space based on a tri-port equipped with a smart logistics system, serving as an international trade hub where cargo, people, and information converge in the Northeast Asia region, and where diverse businesses and value-added activities take place.

Gyeongnam Province plans to develop Jinhae New Port, following Busan Port New Port, into the largest port in Northeast Asia by 2040 with an investment of 12 trillion KRW, capable of accommodating 21 ultra-large vessels. Gadukdo New Airport will be promoted as a passenger and logistics complex airport operating 24 hours a day.

Based on the tri-port, the province intends to foster high value-added logistics industries and related industries by promoting linked development between airport and port hinterlands and their adjacent cities.

In the hinterland cities near the airport and port, advanced industrial facilities, manufacturing facilities, and advanced logistics industry hubs for research and development and professional workforce training will be established.

In the port hinterland complexes, distribution logistics industrial complexes such as integrated logistics processing centers and smart factories linked to manufacturing will be created, along with cold chain logistics hubs connected to LNG and hydrogen bunkering facilities. Financial and business facilities as well as passenger support facilities are also planned.

A provincial official stated, “With the establishment of the smart logistics platform, we expect to attract cross-border e-commerce logistics centers linking sea and air routes (Sea&Air), global centers for distribution logistics companies, showroom business spaces that lead to exhibitions, experiences, and purchases, and foster various high value-added logistics industries through tri-port linkage.”

Lee Seong-woo, director of the Korea Maritime Institute (KMI), which conducted the study, said, “An operational system must be established to discover and efficiently foster new businesses based on import-export cargo and passenger information from the tri-port. By analyzing big data generated during operations, business expansion and the creation of a smart logistics platform ecosystem through information advancement and optimization are necessary.”

Acting Governor Ha Byung-pil said, “The Bu-Ul-Gyeong region has laid the foundation for the Northeast Asia Smart Logistics Platform through Jinhae New Port, Gadukdo New Airport, and the construction of a metropolitan railway network. Let us work together in Bu-Ul-Gyeong to ensure that this basic plan is reflected in government policy and successfully implemented.”

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