Northern Hinterland

Northern Hinterland

New Port

Northern Hinterland

Construction of the Advanced Logistics
Complex and a Hinterland City

Introduction

  • Location : A designated area of Gangseo-gu, Busan and Yongwon-dong, Jinhae-gu, Changwon city, Gyeongsangnam-do
  • Project period : 2000 ~ 2012 (Stage Ⅰ-1)
  • Area : 3,083,000㎡ (761.8258ac)
  • Project cost : 547.6billion Won(construction 349.9,Land compensation 5.7,others 192)
  • Project developer : Ministry of Oceans and Fisheries(Busan Port Authority→Busan Urban Innovation Corporation)
  • Expected population : 19,000people
Northern Hinterland
 

Development Direction

  • Development to make it the hub of international logistics in the Northeast Asia
  • Construction of a competitive port-supporting hinterland and high-tech logistics complex
  • Contribution to port & logistics industries to make an advanced marine city
 

Current Status

  • Sep 2001 : Construction commenced
  • May 2008 : The First Area (727,000 square meters) completed
  • Jul 2009 : Revised construction plan approved
  • Sep 2012 : Revised construction plan approved (change of construction periods for some areas)
  • Dec 2012 : Whole background land completed