BPA Signs MOU to Establish Hydrogen Economy Ecosystem ... 7 Organizations Collaborate to Support Busan World Expo Bid

On the 19th, a business agreement for the establishment of a hydrogen economy ecosystem is being signed at Busan City Hall.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Busan Port Authority (BPA) participated in a business agreement to establish a hydrogen economy ecosystem to support the bid for the 2030 World Expo.

The agreement, signed on the 19th at Busan City Hall, involved the Ministry of Environment, Busan City, Busan Port Authority, SK E&S, Hyundai Motor Company, Busan Technopark, and Busan Bus Transport Association.

The purpose of this agreement is to establish a hydrogen economy ecosystem in Busan in connection with the government's hydrogen economy policy and to build a cooperative business system among the parties to jointly support the bid for the "2030 Busan World Expo."

The main contents of the agreement include the Ministry of Environment and Busan City actively promoting administrative support and ecosystem establishment necessary for the early transition to hydrogen public transportation and the construction of hydrogen charging stations.

Additionally, BPA will cooperate in establishing hydrogen infrastructure within Busan Port, and SK E&S will collaborate in supplying liquefied hydrogen and constructing a port hydrogen complex station.

Kang Joon-seok, President of BPA, stated, "We will actively promote the establishment of hydrogen charging infrastructure within Busan Port and the transition to eco-friendly mobility, and proceed smoothly with the redevelopment projects of Busan Port North Port phases 1 and 2 to successfully support the attraction of the 2030 World Expo, which will draw global attention, to Busan Port North Port."

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