Full-Scale Promotion of Greenbelt Release Within the Year... Busan City Completes Strategic Environmental Impact Assessment Consultation
Environmental Impact Assessment Results Targeting Construction Start in 2026
Future Growth Engine Expected Linked to Opening of Gadeok New Airport
[Asia Economy Yeongnam Reporting Headquarters Reporter Dongguk Lee] Since September last year until January this year, Busan City has been able to actively proceed with the Greenbelt (GB) release process for the ‘Busan Research and Development Special Zone (Advanced Complex District) Development Project’ following a five-month strategic environmental impact assessment consultation with the Ministry of Environment.
This outcome is the result of firm determination and joint efforts by Busan City and the project implementers (LH, BMC) toward the central government until the consultation was completed. The city explained that this strategic environmental impact assessment achievement is seen as a government measure to revitalize the economy.
The ‘Busan Research and Development Special Zone Advanced Complex District’ is a project to establish an innovation ecosystem for the shipbuilding and marine industries and create a global business hub on a 530,000-pyeong site in Daejeo-dong, Gangseo-gu. It plans to realize a new live-work proximity environment in the Gangseo area through simultaneous development linked with the nearby Daejeo Public Housing District (17,000 households).
With the completion of this strategic environmental impact assessment consultation, the city will actively proceed with preliminary administrative procedures for the Greenbelt (GB) release, including submission to the Central Urban Planning Committee within the first half of this year, and will work closely with the project implementers to achieve the Greenbelt (GB) release within the year.
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A Busan City official stated, “We will proceed with the establishment and approval procedures of the implementation plan for the prompt commencement of the Research and Development Special Zone project, aiming to start construction in 2026,” adding, “Once the Research and Development Special Zone development project is completed, it will greatly contribute to regional economic revitalization and job creation by securing Busan’s future growth engine linked with the opening of Gadeok New Airport.”
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