West Busan Distribution District

West Busan Distribution District

Myeongji

West Busan Distribution District

Creation of the Logistics Complex
for the New Port and Gimhae International Airport

Introduction

  • Location : A designated area in southern part of Gimhae International Airport, Busan
  • Project period : 2006 ~ 2012 (Stage 1-2)
  • Area : 828,000㎡ (204.6032ac)
  • Project cost : 278.1 billion Won
  • Project developer : Korea Land & Housing Corporation
West Busan Distribution District
 

Development Direction

  • To attract logistics/distribution enterprises by creating a continental logistics base with in-land connections to Gimhae International Airport and Busan New Port.
  • To create logistics complex by linking to Busan New Port and Gimhae International Airport
  • To improve logistics channels and enhance the competitiveness of logistics industry by integration of distribution facilities
 

Current Status

  • Jan 2006 : Scheme of execution approved
  • Apr 2008 : Revised scheme of execution approved
  • Oct 2010 : Modification of development plan and scheme of execution approved (Busan Metropolitan City, no. 2010-375)
  • Oct 2011 : Modification of development plan and scheme of execution approved (Busan Metropolitan City, no. 2011-384, Busan-Jinhae Free Economic Zone, no. 2011-22)
  • Dec 2011 : The first phase of development plan completed
  • Aug 2012 : Revised scheme of execution approved (Busan-Jinhae Free Economic Zone, no. 2012-38)
  • Sep 2012 : Revised development plan approved (Ministry of Strategy and Finance, no. 2012-224)
  • Sep 2012 : Applied for completion of the second phase of development plan, The second phase completed(Jan. 2014)