Busan Port Authority Selected as the Only 'Excellent Disclosure Institution' Among Ministry of Oceans and Fisheries Agencies
Two Consecutive Years of Penalty-Free Disclosures
Demonstrating Excellence in Transparency Management
Busan Port Authority was the only organization under the Ministry of Oceans and Fisheries to be selected as an excellent institution in the 'disclosure transparency' evaluation.
Busan Port Authority (BPA, President Song Sangkeun) announced on the 7th that it had been selected as an 'Excellent Disclosure Institution' in the '2025 Integrated Disclosure Inspection for Public Institutions' hosted by the Ministry of Economy and Finance.
The Integrated Disclosure System for public institutions is a system that inspects the information registered on ALIO, the management information disclosure platform. Accuracy and timeliness are the main evaluation criteria.
Busan Port Authority recorded zero disclosure errors last year. This marks two consecutive years of penalty-free disclosures, following 2024. In this evaluation, only 18 out of 317 organizations were selected as excellent disclosure institutions. Busan Port Authority was the only one among organizations under the Ministry of Oceans and Fisheries to make the list.
The result is attributed to the internal systems for managing disclosure quality. The authority has operated the 'Disclosure Quality Innovation Learning Community (CoP),' in which staff from each department participate to share disclosure standards and conduct mutual checks.
As a result of being selected as an excellent disclosure institution, the authority will receive incentives such as exemption from next year's integrated disclosure inspection and preferential treatment in management evaluation.
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Song Sangkeun, President of Busan Port Authority, stated, "This is the result of all departments working together," and added, "We will continue to operate as a transparent public institution."
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