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Busan

Busan news, in-depth reporting, and editorial insights covering the city’s politics, economy, development, institutions, and social change.

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Coverage of Busan's politics, economy, civic institutions, and urban change, with local developments placed in their wider context.

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Busan City’s Traditional Market Revitalization: 33 Sites Selected for Ministry of SMEs Contest
BusanJan 4, 2024

Busan City’s Traditional Market Revitalization: 33 Sites Selected for Ministry of SMEs Contest

Busan City has recently announced a comprehensive initiative aimed at revitalizing its traditional markets and shopping districts. This move is part of a broader effort to breathe new life into these historical and cultural commercial zones, not just as economic centers but as living, breathing pieces of Busan's rich fabric. Central to this development is the careful selection of 33 distinct sites, each earmarked for a series of revitalization projects. These sites were chosen for their potenti

City, District, and County Unite for Busan's Global Hub City Vision
BusanJan 4, 2024

City, District, and County Unite for Busan's Global Hub City Vision

In an influential gathering that could define Busan’s path to global prominence, the city's leadership came together at the Busan International Finance Center (BIFC) for the fourth "City-District Communication and Innovation Meeting." Spearheaded by Mayor Park Heong-joon and joined by prominent figures like Chairman Kang Sung-tae, the meeting was a crucial step in Busan's ambition to transform into a global hub city. This gathering was more than a meeting of minds; it was a strategic session to

Busan City Unveils Organizational Restructuring Plan for 2024
BusanJan 3, 2024

Busan City Unveils Organizational Restructuring Plan for 2024

Busan City has announced a comprehensive plan for organizational restructuring, scheduled for implementation in the first half of 2024. This initiative represents a strategic realignment of the city’s administrative framework to enhance governance efficiency and effectiveness, and to foster specialized industries unique to Busan. As one of South Korea's principal urban centers, Busan is poised to undergo significant changes at the municipal government level. This restructuring is part of an ini

Busan City Unveils Innovative Yongdusan Media Park, Aims to Transform Night Tourism
BusanDec 29, 2023

Busan City Unveils Innovative Yongdusan Media Park, Aims to Transform Night Tourism

Busan, South Korea - Busan Metropolitan City, in collaboration with the Busan IT Industry Promotion Agency, has announced the transformation of the iconic Yongdusan Park into the newly branded "Yongdusan Media Park." This project, which officially opens in January next year, marks a significant step in the fusion of historical legacy with modern technological innovation, poised to redefine urban park experiences. Yongdusan Media Park is set to feature an array of advanced technological attracti

Busan's Culinary Symphony: The Michelin Guide Seoul & Busan 2024 Unfolds
BusanDec 28, 2023

Busan's Culinary Symphony: The Michelin Guide Seoul & Busan 2024 Unfolds

BUSAN, South Korea – Busan, a city pulsating with a rich culinary beat, is gearing up to unveil its gastronomic prowess to the world through the Michelin Guide Seoul & Busan 2024. This grand event, set for February 22, 2024, promises to be a revelatory celebration of Busan's ascent in the culinary world. Busan's culinary landscape, brimming with vibrancy and diversity, is set to be showcased in the esteemed Michelin Guide. Following in the footsteps of Seoul, the city was chosen in June 2023 to

Busan's Gudeok Stadium Redevelopment: A Step Toward Urban Regeneration
BusanDec 28, 2023

Busan's Gudeok Stadium Redevelopment: A Step Toward Urban Regeneration

In the historic heart of Busan, a transformative project is taking shape, poised to revitalize the city's urban core. The Gudeok Stadium, a venerable landmark in the Seo-gu district, is slated for an extensive redevelopment. This ambitious initiative has been earmarked as a contender for the "Urban Regeneration Innovation District," a program spearheaded by the Ministry of Land, Infrastructure and Transport. This groundbreaking announcement, released by the Busan Metropolitan City Government on

Busan City and Busan Metropolitan Corporation Seal Deal for Game Complex Development
BusanDec 28, 2023

Busan City and Busan Metropolitan Corporation Seal Deal for Game Complex Development

BUSAN, SOUTH KOREA— In a groundbreaking development for the gaming and content industry, Busan City has teamed up with Busan Metropolitan Corporation to kick off the construction of a state-of-the-art Game and Content Complex in the Centum City General Industrial Complex, Haeundae-gu District. Employing the Public Property Trust Development Method, this project represents a significant partnership between public and private sectors. The Busan Metropolitan Corporation will oversee the funding an

Busan's Industrial Struggle: Business Vitality Dips for the Sixth Year
BusanDec 27, 2023

Busan's Industrial Struggle: Business Vitality Dips for the Sixth Year

The year 2022 stood as a significant milestone for assessing the industrial health of Busan, South Korea. The Industrial Vitality Index, developed jointly by the Busan Chamber of Commerce and Industry and Korea Rating & Data, emerged as a pivotal tool in this evaluation. Amidst a complex global economic landscape, the report dissected the nuances of Busan's economic resilience and adaptability across its diverse industrial sectors. The 2022 analysis, delving deep into the performance of around

Busan City Reveals Extensive Policy Revisions for 2024
BusanDec 27, 2023

Busan City Reveals Extensive Policy Revisions for 2024

Busan, South Korea - Busan Metropolitan City has announced a comprehensive overhaul of its policy framework, affecting 59 initiatives across six critical areas. This restructuring, aimed at adapting to the evolving needs of its citizens and the challenging economic conditions, encompasses Economy, Jobs, and Youth; Urban and Transport; Health and Welfare; Women, Childbirth, and Childcare; Safety, Environment, and Hygiene; and Culture, Sports, and Tourism. Economy, Jobs, and Youth: * Adjustment

Busan Announces Eco-Friendly Bridge Construction Plans
BusanDec 26, 2023

Busan Announces Eco-Friendly Bridge Construction Plans

Busan, South Korea - The Busan Metropolitan City has announced a public consultation meeting on December 28, in the Gangseo District Office's Community Hall. This meeting will discuss the construction plans for the Jangnakdaegyo Bridge and Eomgungdaegyo Bridge, key components in the city's initiative to develop an eco-friendly transportation infrastructure. These bridges are crucial to the Eco Delta City (EDC) project, a large-scale urban development aimed at balancing ecological preservation a

Busan's Dadae Incineration Plant Sale Fails Again, Questioning City's Commitment to Redevelopment
BusanDec 20, 2023

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

Busan City Launches Campaign to Promote 15-Minute City Model
BusanDec 20, 2023

Busan City Launches Campaign to Promote 15-Minute City Model

Busan City is embarking on a dynamic promotional campaign for its 15-minute city model, beginning with the unveiling of a teaser video today. The campaign will feature diverse marketing materials, including dramas, photo card news, and short-form videos, aiming to make the concept more tangible to its residents. The 15-minute city model in Busan is an innovative urban design ensuring that residents can access essential services – living, working, shopping, healthcare, education, and leisure – w

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