BPA Shares Busan Port Development and Operation Cases at Iraq Port Conference
Sharing the Expertise of Busan Port, the World's Second Largest Transshipment Port
A BPA official is presenting on the current status and development cases of Busan Port at the Alpo Port International Port Conference.
View original image[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] Busan Port Authority (BPA) attended the Al Faw Port International Port Conference held by the General Company for Ports of Iraq (GCPI) in Basra from the 6th to the 8th, sharing the development and operational experience of Busan Port, the world's second-largest transshipment port.
About 150 participants attended the second Al Faw Port International Port Conference this year, including representatives from the Iraqi Parliament, Ministry of Transportation, academia, Turkey's Ministry of Transportation, Abu Dhabi Ports Authority, MSC, and logistics companies from Singapore.
At the request of the conference organizer, GCPI, BPA presented the operational status and development cases of Busan Port, which has grown into a global transshipment port.
Officials from Daewoo E&C and SM Line Gyeongin Terminal, members of the K-Consortium formed to participate in the Al Faw Port operation project, also attended the event.
During the conference, the K-Consortium, including BPA, and GCPI held two practical workshops on the operation plan for five berths at Al Faw Port, explaining the proposal prepared by the Korean side and discussing future consultation schedules.
The Al Faw Port development project is a large-scale initiative by the Iraqi government to invest 53 trillion KRW in phases to develop Al Faw Port, located in Basra Province in the south, into one of the world's top 12 ports by 2041. Daewoo E&C from Korea is participating in dredging, reclamation, and infrastructure construction such as connecting roads.
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In March, GCPI visited Busan Port and requested BPA to consider participation in Al Faw Port operations and to share Busan Port's development and operational experience. In September, BPA President Kang Jun-seok visited Iraq and signed a cooperation agreement between the two organizations with the GCPI president.
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