Now,
A new landscape of industry and logistics is emerging.
A strategic location where the Eurasian continent and the Pacific Ocean meet,
A power of connection that transcends speed and distance!
The entire world is paying attention
to this place with its massive axis.
Busan-Jinhae Free Economic Zone BJFEZ
Since its designation in 2003,
BJFEZ has grown beyond Korea
into a globally recognized free economic zone.
Five districts and twenty-two areas
bridging Busan and Gyeongnam
as one.
A key hub in Northeast Asia
and the central axis of future industries,
seamlessly integrating ports, logistics, and high-tech industries,
along with residential and tourism sectors
Nationally proven capacity,
globally recognized potential!
BJFEZ has attracted over 2,200 domestic
and foreign companies, ranking first
among all free economic zones in Korea for
the number of companies in strategic industries.
It has also created over 62,000 jobs,
consistently growing together with the local community.
As of 2023, it achieved 36.8 trillion KRW in sales
and 5.4 trillion KRW in exports.
Notably, based on high-value-added service industries
and integrated development projects,
BJFEZ has attracted 4.72 billion USD in cumulative foreign direct investment,
proving its global competitiveness.
BJFEZ boasts
an unrivaled 'Quattro-Port' logistics infrastructure
that is second to none in the world.
This place is equipped with
the world's second-largest transshipment port, Busan New Port,
Gimhae International Airport,
a nationwide railway network
and a well-connected road network that ensures full accessibility.
When the 24-hour-operating Gadeokdo New Airport
and the soon-to-be-opened Jinhae New Port are added,
truly all roads will lead to BJFEZ.
At the heart of the South Coast industrial belt
where shipbuilding, automotive, and machinery converge,
BJFEZ offers optimal location conditions
for the synergy of advanced industries and logistics.
From site selection
to permits, incentives, and partner matching,
comprehensive one-stop support is provided
to reduce companies' time and risk.
A residential environment is also fully equipped
to attract global talent.
International schools and prestigious universities,
culture, and medical infrastructure.
BJFEZ is a high-quality urban environment
where work and life are in harmony.
Interview with Commissioner Park Sung-ho Q. BJFEZ Introduction/Vision/Ambition
(Additional comments on the relocation of the Ministry of Oceans and Fisheries & the Arctic Route)
A. BJFEZ is a future-oriented complex city
where ports, airports, industries, talent, life, and technology are seamlessly connected.
With the relocation of the Ministry of Oceans and Fisheries to Busan
and as the starting point for Arctic route strategy,
BJFEZ aims to leap forward as a world-class hub
for global business and logistics.
BJFEZ is now
drawing the future map to the world.
A complex economic hub
where global talent and technology gather,
and Korea's industry and logistics take a leap forward!
A place where a greater tomorrow awaits.
That is the Busan-Jinhae Free Economic Zone.
Global Moves Start Here.
BJFEZ