BPA and Germany's HafenCity Sign MOU for Mutual Cooperation on Port Redevelopment

Busan Port Authority (BPA) signed a tripartite Memorandum of Understanding (MOU) for friendly cooperation and promotion of personnel exchange between port redevelopment areas with Hamburg HafenCity and Busan City on the 6th.

HafenCity is Europe's largest port redevelopment project, transforming the old port area of Hamburg into a cutting-edge city where residential, cultural, and commercial districts coexist, without demolishing the old buildings, developing them into new landmarks. It is regarded as a representative successful redevelopment case.

The MOU signed by BPA, HafenCity, and Busan City includes ▲exchange of information on strategies and projects promoted in the two redevelopment areas ▲mutual cooperation for digitalization of urban planning and architecture and sustainable urban development ▲support for cultural events, events, art exhibitions, and festival exchanges within the redevelopment areas.

Busan Port Authority President Kang Jun-seok (third from the left), Busan Mayor Park Hyung-joon (fourth from the left), and others visited Busan Bridge within the Hafen City redevelopment area after signing the memorandum of understanding.

After signing the MOU, BPA President Kang Jun-seok began his site inspection by visiting Busan Bridge within the HafenCity redevelopment area, followed by the International Maritime Museum, Elbphilharmonie (concert hall), and Speicherstadt, which are major exemplary cases of urban regeneration.

President Kang Jun-seok of BPA said, “The greatest achievement is establishing a cooperative relationship with HafenCity, which is recognized as a world-class port redevelopment project.” He added, “In particular, the case of developing while preserving the characteristics of existing buildings and pursuing harmony between old and new will be benchmarked for the Bukhang redevelopment project.”

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