Busan boldly leading way in pandemic times
City Hall is leading the way in the COVID-19 era. It has managed to meet every challenge that has come its way and is putting its vision for regional development into practice one step at a time. In order to stabilize the economy for citizens, the city is making every possible effort to create and protect jobs and is pushing ahead with historic projects like its smart city and its redevelopment of the North Port. Rather than being afraid of social changes caused by the novel coronavirus, Busan is seizing the opportunity to leap into the future.
△The development of the North Port is critical to winning the privilege of hosting the 2030 World Expo.
City Hall is investing 151.2 billion won in the second half of this year alone to create and protect jobs in the face of the pandemic. To this end, the city will focus on creating jobs in the public sector, protecting positions in private companies and strengthening the basis for creating employment in the COVID-19 era.
The main priority is to create jobs in the public sector. The goal is for City Hall to provide work for 20,000 people through improving public recreation facilities in the world of arts and culture. The Hope Job project is one venture that will aid those vulnerable to unemployment, including low-income families, disabled people, freelancers and those who lost their jobs due to COVID-19. Busan will provide additional employment information and opportunities through various events.
City Hall also plans to support four major insurance premiums, provide face-to-face consulting in areas such as personnel and labor, consult with victims of COVID-19, train professionals in industries emerging from the pandemic era and operate no-contact venture investment platforms to further boost the economy.
North Port development
Furthermore, City Hall is actively engaged in projects to redevelop the North Port, a key factor in winning hosting duties for the 2030 World Expo, which will drive regional development in the COVID-19 era. Developing the North Port is also key to connecting Busan and Seoul via an underground railway.
Through a citizen's council, City Hall proposed a plan to redevelop the North Port and is carefully considering the concerns and opinions put forth by the people. Busan has also set up a task force headed by the city's primary architect. Development projects at the first pier of the North Port and at the square in front of Busan Station are already in full swing; the renovated sites plan to open to citizens as early as the end of this year.
Sasang Industrial Complex
City Hall plans to transform Sasang's aging industrial complex into a high-tech industrial center capable of leading the world in the Fourth Industrial Revolution. Constructed in the 1960s, the area has fallen into disrepair. The idea is to transform the area into another Centum City by 2030.