BPA Introduces Busan Port Development to Multilateral Development Bank Port Investment Officials

Busan Port Authority (BPA, President Kang Jun-seok) introduced Busan Port's excellent infrastructure and development strategies to port investment officials from multilateral development banks (MDBs) such as the Asian Infrastructure Investment Bank (AIIB) and the African Development Bank (AfDB) on the 18th.

Officials from multilateral development banks visiting New Port Pier 7.

Officials from multilateral development banks visiting Korea at the invitation of the Ministry of Oceans and Fisheries visited Busan Port on the same day as part of a training program.

Busan Port Authority introduced its decarbonization efforts aiming for a ‘Green Port,’ including the slow steaming program for vessels and the transition to alternative fuels for transportation, as well as ‘Smart Port’ projects such as digital twin technology and the opening of a fully automated terminal.

They also explained the current status and plans for port development, including the Jinhae New Port, at the Busan New Port promotional center.

The participants also had the opportunity to visit Berth 7 of Busan New Port (Dongwon Global Terminal Busan), which recently opened, to tour the facilities and operational status of the country’s first fully automated terminal.

Ku Ja-rim, head of BPA’s Global Business Division, said, “We hope that by enhancing the understanding of multilateral development bank officials about the excellence and future development plans of Busan Port, BPA will be able to expand its overseas port development ventures in cooperation with these banks in the future.”

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