"Innovating Busan Port"... Four Startup Support Institutions Including Busan Port Authority Host 'Busan Open Port' Event

Innovative Marine ICT Companies Join Hands with Busan Port for Technology and Product Exchange
A Practical Platform for Collaboration Between Local Innovative Companies and Busan Port Terminal Operators

Public institutions and local innovative companies have gathered together to drive innovation at Busan Port.

Busan Port Authority (BPA), led by President Song Sangkeun, announced that it co-hosted the 'Busan Open Port 2025' event on September 16 at the Busan Port International Exhibition & Convention Center (BPEX) in collaboration with Busan Technopark, Busan Regional Industry Promotion Agency, and the Busan Regional University Consortium Technology Holdings.

During this event, six innovative companies in the shipping, port, and logistics sectors-discovered and nurtured by the participating organizations-introduced their technologies and held consultations with about 50 representatives from terminal operators at Busan Port, providing a platform for in-depth business exchanges and commercialization opportunities.

A meeting for exchanging opinions on the integration of on-site technology is being held with officials from the Busan Port operating company.

This event was organized as part of the Ministry of Trade, Industry and Energy's Regional Innovation Cluster Development Project, aiming to support innovation at Busan Port and the growth of local companies by linking the port's shipping, port, and logistics infrastructure with each participant's business support platforms.

The Regional Innovation Cluster Development Project is a government initiative designed to promote balanced regional development and revitalize local economies by building self-sustaining growth systems and strengthening capabilities through the use of specialized innovation resources and capacities centered around regional innovation clusters.

Last October, BPA signed a business agreement with co-hosting organizations such as Busan Technopark and the Busan Regional Industry Promotion Agency to foster the marine ICT convergence industry and support startups and small to medium-sized enterprises within the regional innovation cluster.

Additionally, to support startups in the shipping, port, and logistics sectors, BPA established the 'Shipping and Port Startup Support Platform (1876 BUSAN)' near Busan Station, which has supported 17 startups over the past four years. To further expand technology development among resident companies, BPA operates various support programs including joint national R&D projects, co-investment technology development, open innovation support projects, and testbed offerings.

Song Sangkeun, President of Busan Port Authority, stated, "We hope many outstanding companies will take interest in the various support programs operated by Busan Port Authority to support startups and secure future technologies," adding, "We will do our utmost to proactively discover and introduce innovative technologies through diverse collaborations with local innovation institutions."

Six innovative companies in shipping, ports, and logistics are introducing their technologies to about 50 representatives from terminal operators at Busan Port, who are demand-side companies.

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