BPA, 7 Trillion Won Project... Busan New Port 'Bukcon' Phase 2 Construction Begins

Removal of Primary Desire Mountain → Development of Secondary Hinterland Complex

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] Busan Port Authority (BPA) has received final approval for the "Busan Port New Port North Container Phase 2 Port Hinterland Complex Development Project Implementation Plan" from the Busan Port Construction Office of the Ministry of Oceans and Fisheries and will begin construction on the 14th.

The project is a public development initiative aimed at timely creating and supplying a port hinterland complex equipped with integrated logistics facilities and business convenience facilities in the Yokmangsan area of Changwon City, Gyeongsangnam-do, to enhance the competitiveness of Busan Port.

The first phase, removal of Yokmangsan, will be carried out over 10 years from 2023 to 2033, and the second phase, the creation of the port hinterland complex, will take 2 years from 2033 to 2035, with the project spanning a total of 12 years and a total budget of approximately 7.8252 trillion KRW.

BPA plans to build an unmanned automated stone factory in the underground space of Yokmangsan to resolve various noise-related complaints, ensure timely production and supply of stone materials, and simultaneously address environmental and safety issues.

Additionally, byproducts such as generated soil and stone materials will be supplied to public development projects like Busan Port New Port and Jinhae New Port, contributing to the smooth progress of national projects and budget savings.

Aerial view of the Busan Port New North 'Con' Phase 2 Port Hinterland Complex.

Min Byung-geun, Head of Construction at Busan Port Authority, said, "With the timely creation of the North 'Con' Phase 2 port hinterland complex, we will do our best to attract global logistics companies, support the revitalization of port-related industries, and generate new cargo volumes."

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