□ Busan Metropolitan City (Mayor Park Heong-joon) announced that, starting today (20th), it has formed the “Global Maritime Hub City Promotion Committee” (hereinafter referred to as the Promotion Committee) to consolidate the region’s innovation capacity and take full-fledged steps toward becoming a “Global Maritime Hub City.”
○ The Promotion Committee is being formed to mark the 25th anniversary of the proclamation of the “Northeast Asia Maritime Capital Vision” and the 150th anniversary of the opening of Busan Port, while taking advantage of opportunities such as the launch of the new administration and the relocation of the Ministry of Oceans and Fisheries to Busan.
□ The Promotion Committee will identify key agendas to enable Busan to lead the global maritime economy and perform roles such as building public consensus and consolidating civic capacity to secure momentum for major policy initiatives.
○ Some 60 organizations and entities will participate, including the regional industrial sector, maritime cluster research institutions, maritime finance organizations, universities, media outlets, and civic groups, bringing together their maritime capabilities based on Busan’s infrastructure competitiveness. Going forward, these entities plan to engage in various activities to identify agendas leading emerging maritime industries and secure drivers for major policy initiatives.
○ Specialized subcommittees by sector will be formed, centered on diverse organizations across industry, academia, research, civil society, and government, and an operating committee and policy council will be separately operated to facilitate concrete and in-depth policy discussions.
□ In particular, the Promotion Committee will serve as the control tower of a pan-regional network (governance), building on the city’s previous experiences in operating consultative bodies to identify mega projects in the emerging maritime industry sector, such as the “Maritime Think Tank Policy Cooperation Network” and the “Arctic Route Development Task Force,” both launched in December 2024.
○ In addition, the committee will further refine the “Global Maritime Hub City” vision and strategy to be announced by the city at the end of this month (August) and work to strengthen communication with the central government, including making formal proposals on major policies.
□ The formation of the Promotion Committee is expected to bring together the accumulated capacity of the region, which has continuously worked for “Maritime Capital Busan,” through the participation of various institutions and organizations from all sectors of society.
○ This will add a symbolic meaning of public-private cooperation in which all citizens of Busan participate as both beneficiaries and planners of policies and serve as an opportunity for Busan to make a leap toward becoming a “Global Maritime Hub City.”
□ Mayor Park Heong-joon stated, “Going beyond being a center of shipping, ports, and logistics, Busan will consolidate its accumulated innovation capacity in the maritime sector to lead the global maritime economy encompassing emerging maritime industries, maritime science and technology, maritime finance, international cooperation, and culture & tourism, and will play a central role in ensuring that the Republic of Korea establishes itself as a true maritime powerhouse.”
This content has been translated by AI. Please refer to the attached original Korean version for accuracy if needed.
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Link to Busan press releases in Korean