‘Busan Expo Yuchiwie’ Launches… Han Deok-su “Total Mobilization of Public-Private Capabilities”

Busan Expo Bid Committee Holds 1st Meeting on 8th
Han Deok-su: "Busan Expo Is a National Agenda"

2030 Busan World Expo Bid Committee
(Seoul=Yonhap News) Reporter Kim Seungdoo = Han Duck-soo, Prime Minister (left), and Choi Tae-won, Chairman of the Korea Chamber of Commerce and Industry (Chairman of SK Group), are seated at the 1st '2030 Busan World Expo' Bid Committee held at the Korea Chamber of Commerce and Industry in Seoul on the 8th. 2020.7.8
kimsdoo@yna.co.kr
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[Asia Economy Sejong=Reporter Lee Junhyung] The 2030 Busan World Expo Bid Committee has officially launched. The government has stated its intention to mobilize all public and private capabilities to secure the 2030 World Expo.

On the afternoon of the 8th, the government announced that it held the first meeting of the Busan World Expo Bid Committee at the Korea Chamber of Commerce and Industry International Conference Hall, co-chaired by Prime Minister Han Duck-soo and Korea Chamber of Commerce and Industry Chairman Choi Tae-won. The Bid Committee is a public-private joint organization that integrates the foundation ‘2030 Busan World Expo Bid Committee’ and the ‘Government Bid Support Committee’ chaired by the Prime Minister. Earlier, on the 5th, the government approved the ‘Regulations on the Establishment and Operation of the 2030 Busan World Expo’ at the Cabinet meeting, which included this plan.

The co-chairs of the Bid Committee are Prime Minister Han and Chairman Choi. Ex officio members of the Bid Committee include Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho, Minister of Trade, Industry and Energy Lee Chang-yang, and Minister of Foreign Affairs Park Jin, among other central government ministers. Business leaders such as Samsung Electronics Vice Chairman Lee Jae-yong, Hyundai Motor Chairman Chung Eui-sun, and LG Chairman Koo Kwang-mo were appointed as commissioned members of the Bid Committee.

Prime Minister Han Duck-soo and Co-Chairman Chey Tae-won Attend 2030 Busan World Expo Bid Committee Meeting
(Seoul=Yonhap News) Reporter Kim Seung-doo = Prime Minister Han Duck-soo (right) and Chey Tae-won, Chairman of the Korea Chamber of Commerce and Industry (Chairman of SK Group), are attending the 1st '2030 Busan World Expo' Bid Committee meeting held at the Korea Chamber of Commerce and Industry in Seoul on July 8, 2022.
kimsdoo@yna.co.kr
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At the first meeting, the Bid Committee finalized the committee’s operational rules detailing the management of the committee. Following this, the Ministry of Foreign Affairs presented the current status and future plans of the bid negotiation activities. The private committee supporting the bid, with its secretariat at the Korea Chamber of Commerce and Industry, announced the status and plans of corporate bid activities, including matching anchor companies responsible for bid negotiations by country. The private committee also proposed practical plans at the level of economic organizations and companies, such as dispatching customized delegations and inviting key figures from various countries.

Prime Minister Han emphasized that the Busan World Expo is a national agenda. He stated, “The Busan World Expo is not just a regional event but a national agenda,” and added, “We will fully mobilize public and private capabilities centered on the Bid Committee.”

Chairman Choi said that Korea will utilize new technologies such as the metaverse as a differentiated strategy. He said, “We will use the metaverse and other technologies as Korea’s unique differentiation points,” and added, “By forming study groups by country and steadily building trust, we can gain support for the bid.”

The host city for the 2030 World Expo will be decided by a vote of the member countries of the International Bureau of Expositions (BIE) at the end of next year. Before the member country vote, BIE plans to conduct three rounds of competitive presentations (PT) and on-site inspections. Until the host city is decided, the government plans to focus all government capabilities on bid negotiation activities, responding to major BIE-related schedules centered on the Bid Committee.

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