Busan Urban Corporation Hosts 'Smart BOOK Morning' on 'Development Direction of Airport Complex City'

Special Lecture by Professor Jeong Mooseop of Dong-A University Department of International Trade

Discussion on Development Directions for Airport Complex Cities Linked to Foreign Direct Investment

Busan Metropolitan Corporation (BMC, President Kim Yonghak) held the 21st session of the learning group ‘Smart BOOKmorning’ on the 22nd, focusing on the creation of smart cities and an airport complex city.

‘Smart BOOKmorning’ is BMC’s learning group, held from 7:30 to 9:00 AM on the last Wednesday of every month. Since its first session in July 2022, it has continued for 21 sessions, covering topics such as smart cities, maritime cities, and airport complex cities.

This session featured a special lecture by Professor Jung Moosub of Dong-A University’s Department of International Trade on the theme ‘Development Direction of the Gadeokdo New Airport Complex City Linked to Foreign Direct Investment.’

Professor Jung Moosub is an expert in international logistics who previously served as a senior researcher at Samsung Economic Research Institute’s Global Research Division. He is currently a professor at Dong-A University, a member of the Presidential Committee on New Southern Policy, an advisor to the Presidential Job Committee, and an investment attraction advisor for KOTRA.

Professor Jeong Museop of Dong-A University Department of International Trade is giving a special lecture at Busan Urban Corporation's Smart BOOK Morning.

Professor Jung emphasized the importance of constructing and expanding Gadeokdo New Airport and attracting Foreign Direct Investment (FDI) for balanced national development and revitalization of the southern region’s economy. He stated that building global connectivity infrastructure is a decisive factor in investment location decisions.

He further stressed that, since Gimhae Airport is already operating at a surplus and has secured passenger demand, it is necessary to establish a ‘Triport’ logistics system combining airport, port, and land transport. This would complete the network for passengers and logistics and attract high-value-added service companies.

Members who attended the event discussed detailed conditions for attracting global companies to the Gadeokdo New Airport Complex City, the added value this would bring, and shared opinions on areas for improvement and supplementation.

Kim Yonghak, President of Busan Metropolitan Corporation, said, “The successful opening of Gadeokdo New Airport is expected to serve as an important catalyst for attracting Foreign Direct Investment (FDI) to Busan. Together with BMC executives and staff, we will do our utmost in planning and developing the airport complex city so that Gadeokdo, where Busan New Port and the airport coexist, can change the paradigm of global logistics and play a key role in attracting overseas companies and investment.”

BMC is holding a 'Smart BOOK Morning' meeting on the topic of airport city development direction.

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