Busan New Port Smart Joint Logistics Center Operator, Cools Finally Selected

Busan Port Authority (BPA) has finally selected Kools as the lease operator of the ‘Busan New Port Smart Joint Logistics Center’ and signed an implementation agreement regarding the project on the 19th.

After a public competitive bidding process, BPA selected Kools as the preferred negotiation partner on September 4th and conducted negotiations for about 40 days on plans to realize smart and joint logistics as well as detailed contents of the implementation agreement.

During the negotiation process, the two organizations focused on discussing plans to establish a smart logistics center and attract and handle joint cargo volumes from small and medium-sized consignors using new technologies, reaching mutual agreement on the project details on the 12th.

The Busan New Port Smart Joint Logistics Center, built with an investment of 80.9 billion KRW, will absorb logistics services conducted individually between consignors into state-of-the-art facilities to establish a joint logistics system and support reducing logistics cost burdens for small and medium-sized enterprises.

Busan Port Authority and Kools officials are taking a group commemorative photo after signing the agreement.

Established in 1999, Kools is a regional small and medium-sized enterprise in Busan that has been engaged in port logistics for 24 years, possessing extensive experience in cargo handling, storage, transportation, 3PL logistics services, and operation of refrigerated warehouses.

Kools is recognized as a company leading logistics smartization by utilizing the latest information and communication technology (ICT) and has also been selected as a ‘Busan City Service Small Giant Company.’

In particular, it owns its own industrial technology research institute that develops ICT technology, with its main strengths including patent applications for digital twin technology for logistics centers and supplying manufacturing execution systems (MES) to manufacturing companies in the Busan and Gyeongnam regions, demonstrating experience in smart factory projects.

Selected as the operator, Kools will lease the logistics center with a total floor area of 31,614㎡ from the planned operation start date in October 2026 for up to 15 years, directly investing in smart logistics facilities, equipment, and systems to provide logistics services targeting small and medium consignors.

BPA President Kang Jun-seok stated, “We will actively support the achievement of the project goals such as high value-added development of the New Port hinterland complex, smartization of logistics, and activation of infrastructure use by small and medium consignors through this project, which is being promoted as a national policy task.”

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