Announcement for Recruitment of Two Operators
for an 80,000-Square-Meter Temporary Storage Yard

Busan Port Authority (BPA, President Song Sangkeun) announced on the 26th that it will proceed with a bidding notice to select operators for the temporary storage yard within the Jasungdae Terminal at the North Port of Busan.


The Jasungdae Terminal at North Port ended its container terminal operations as of December 2024 to facilitate the second phase of the North Port redevelopment project. Until the full-scale redevelopment begins, the site will be temporarily utilized as a facility to enhance the logistics efficiency of Busan Port in line with government policies.


Accordingly, at the end of last year, BPA announced its plan to utilize the Jasungdae Terminal facilities as a temporary cargo storage yard and a site for manufacturing domestic port cargo handling equipment.

Business site open for public offering. Provided by Busan Port Authority

Business site open for public offering. Provided by Busan Port Authority

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The main details announced on March 25 include the selection of two operators for the Jasungdae Terminal yard, which covers 80,459 square meters (two temporary storage yard blocks of 28,857 square meters and 51,602 square meters each).

The temporary storage yard is a non-bonded area, where only domestic cargo (export cargo before customs clearance, import cargo after customs clearance, and empty containers) can be stored.


Business proposals will be accepted on May 7, 2025, and after proposal evaluation, the preferred negotiation partner will be selected in May. The operation of the storage yard is scheduled to begin on July 1.


Busan Port Authority stated, "The Jasungdae Terminal will be operated temporarily until the full-scale implementation of the second phase of the North Port redevelopment project. We look forward to the interest and participation of companies with outstanding capabilities in this public offering."

View of Bukhang Jaseongdae Pier and downtown Busan. (During work before the end of Jaseongdae Pier) Provided by Busan Port Authority

View of Bukhang Jaseongdae Pier and downtown Busan. (During work before the end of Jaseongdae Pier) Provided by Busan Port Authority

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Details regarding the selection of operators can be found on the Busan Port Authority website and Onbid.





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

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