Gwangyang Port, Full-Scale Development of Northern Hinterland Complex Begins
Port Authority to Develop Approximately 110,000㎡ to Meet Tenant Demand
Yeosu Gwangyang Port Authority (President Park Seong-hyun, hereinafter referred to as the Authority) announced on July 24 that it has commenced the construction of the northern hinterland complex at Gwangyang Port.
The Authority plans to develop approximately 110,000㎡ of the northern hinterland complex to prepare for the depletion of the eastern and western hinterland complexes of Gwangyang Port and to address the rapidly increasing demand for occupancy.
To promote the project, the Authority signed an agreement in May 2022 with the Yeosu Regional Maritime Affairs and Fisheries Office, which conducted the basic and detailed design services, and obtained approval for the project implementation plan in February 2023, thereby starting to secure sites for the complex logistics manufacturing facilities at Gwangyang Port.
Furthermore, the Authority stated that it will thoroughly manage the project to prevent any safety accidents and continue the record of zero accidents at the Gwangyang Port construction site.
Choi Sang-heon, Vice President of the Development Project Headquarters, said, “Through the construction of the northern hinterland complex at Gwangyang Port, we will contribute to securing the insufficient hinterland and increasing cargo volume, thereby contributing to the regional economy.”
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Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik hss79@asiae.co.kr
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