Yeosu Gwangyang Port Authority Establishes and Announces 2030 Mid-to-Long-Term Management Strategy

President Park Seong-hyun Emphasizes "Balance Between Efficiency and Public Interest"

[Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik] Yeosu Gwangyang Port Authority (President Park Seong-hyun, YGPA) announced on the 3rd that it has finalized its 2030 mid-to-long-term management goals and held a sharing session to declare and internalize them both internally and externally.

The core values of YGPA confirmed this time are Customer, Fairness, Innovation, Safety, and Win-win.

These reflect the president's management policies of customer-first management, proactive sales, safe ports, and win-win with the local community.

'Customer-first management' means customer-centric management that prioritizes customer needs at the center of all tasks, and 'proactive sales' means field-centered management that finds answers on-site and creates innovative strategies.

Also, 'safe ports' means safety-first management where the safety of workers and customers is paramount and ships visit safely, and 'win-win development with the local community' means win-win and communication management that empathizes and embraces the local community beyond simple cooperation.

YGPA set four major management goals: ▲ Establishment of a Korean-style smart port ▲ Total cargo volume of 430 million tons ▲ Top grade in K-ESG ▲ Strengthening management efficiency.

This is a challenging revision of previous management goals reflecting government policies, management environment, and internal and external feedback, and four strategic directions and twelve tasks to achieve these goals were also reselected.

President Park Seong-hyun said, "We will faithfully implement the 2030 mid-to-long-term management goals, core values, and strategic system confirmed this time in a balanced manner by enhancing efficiency and publicness," and added, "On the occasion of the 100th anniversary of the opening of Yeosu Port in 2023, we will further develop Yeosu Gwangyang Port to compete with world-class ports."

Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik hss79@asiae.co.kr

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