Archive page 29

Busan secures the largest development expansion in 17 years as South Korea lifts restrictions on 16,528,925 square meters (1,652 hectares) of land. With major projects in AI, logistics, and smart cities, the city aims to become a global economic hub.

Busan is strengthening its role as a global electric vehicle (EV) hub, with Mayor Park Heong-joon meeting Renault Group VP Thierry Charvet to discuss future investment and EV production expansion.

South Korea’s regional universities are facing a crisis, and the Changwon-Geochang-Namhae merger is at the center of the debate. Will this bold move save regional higher education, or will legal and enrollment challenges derail the plan?

Is Busan’s skyline losing its identity? As private developers and global architects shape the city’s future, critics argue that Busan’s Special Architectural District Project may be sidelining local culture and public interests.

DSK 2025, Asia’s biggest drone and aerospace exhibition, will take place from February 26–28, 2025, in Busan, South Korea. Celebrating its 10th anniversary, the event will feature 306 companies from 15 countries, showcasing cutting-edge drone technology.

South Korea’s new towns, once envisioned as thriving urban hubs, are now facing a crisis of rising commercial vacancies. Empty storefronts and struggling businesses reflect a deeper flaw in urban planning—overestimated commercial demand, rigid zoning laws, and shifting consumer habits.

Hyundai’s new Premium Outlet in Eco Delta City is being touted as an economic catalyst for Busan’s emerging district. But with two other top-performing outlets already dominating the market, will this development bring real transformation, or is it just another shopping complex?

Busan’s workation program is being promoted as a booming success, with participation doubling in 2024. But is this growth organic or simply fueled by government subsidies?