Busan
Busan's Dadae Incineration Plant Sale Fails Again, Questioning City's Commitment to Redevelopment
Busan, South Korea – In a recurring theme of setbacks, Busan City announced yet another failed attempt to sell the Dadae Incineration Plant site on December 20. This marks the sixth unsuccessful bid to privatize the site for developing a cultural and recreational complex. The latest auction, which ended on December 12, saw only one bidder who did not fulfill the requirement of a 5% bid bond, leading to its ultimate failure. The Dadae Incineration Plant, decommissioned in 2013, has been a focal