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Busan Metropolitan City Holds “Budget Policy Council with the People Power Party Busan Metropolitan Chapter”

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Busan Metropolitan City (Mayor Park Heong-joon) announced that it held a “Budget Policy Council with the People Power Party Busan Metropolitan Chapter” this morning (4th) at 8:00 a.m. in Yeouido, Seoul, to discuss strategies for securing next year’s national budget, addressing key pending issues, and advancing toward becoming a global hub city.

The meeting was attended by Mayor Park Heong-joon, Jeong Dong-man, Chairperson of the People Power Party Busan Metropolitan Chapter, and all local National Assembly members.

This was the first council meeting since the inauguration of the new leadership. Participants agreed on the need for the city and political circles to unite as “Busan One Team” to realize the relocation of the Ministry of Oceans and Fisheries to Busan, expedite the construction of Gadeokdo New Airport, implement AI Transformation (AX) of major industries, and enact the Busan Global Hub City Special Act—securing next year’s national budget, fulfilling national tasks, and resolving regional issues.

Since the government budget proposal was finalized on August 30 with many of the city’s key priority projects included, such as the construction of Gadeokdo New Airport, the meeting focused on supplementary strategies for projects not reflected in the proposal.

In particular, in-depth discussions were held on response measures for 14 national funding projects including the Dadae Complex Marine Leisure Tourism City, Sajik Baseball Stadium reconstruction, Smart Port Mobility Hub, AI-based Space Computing Industry, AI-generated Video Studio, and Physical AI Healthcare Robot Demonstration, as well as four preliminary feasibility study projects including the Jeonggwan Metro Line construction, Gadeokdo New Airport rail connection, and Busan National University Hospital Global Hub Medical Center.

In addition, participants reviewed strategies for producing successful outcomes in major government public contests, such as passing private investment feasibility for the Busan Express Train (BuTX), securing official designation for Glocal Universities, attracting national research institutes, creating and activating a distributed energy special zone, designating Geumjeongsan as a national park, and establishing a resource circulation cluster.

Furthermore, 13 key pending issues were shared, including the relocation of the Ministry of Oceans and Fisheries and maritime public institutions, establishment of a maritime court, relocation of logistics conglomerates such as HMM headquarters to Busan, development of Busan as a leading city for the Arctic route, construction of the Busan Opera House, relocation of the 53rd Division in Haeundae, and strengthened support for industries affected by U.S.-Korea customs disputes. The city and political community pledged joint action to ensure practical results.

The city stated, “Now that the government proposal is finalized, it is the National Assembly’s turn,” pledging close cooperation with local National Assembly members during the parliamentary budget deliberation process to secure national funds and resolve pending issues.

To this end, Busan plans to operate the “Task Force for Securing National Funding (National Assembly Resident Team)” led by the Vice Mayor for Administrative Affairs, actively responding to deliberations in the Special Committee on Budget and Accounts and standing committees.

Jeong Dong-man, Chairperson of the People Power Party Busan Metropolitan Chapter, said, “With the change in political structure following the change of government, it is precisely now, as the opposition, that we must act more strategically and meticulously. In securing national funds and resolving pending issues that will determine the future of Busan—such as the relocation of the Ministry of Oceans and Fisheries, the leap to a global maritime hub city, redevelopment of North Port, and relocation of public institutions—the city and National Assembly members will unite as ‘Busan One Team’ to achieve tangible results.”

Mayor Park Heong-joon emphasized, “The future of Busan is something we create ourselves. For Busan to leap forward as a global maritime hub city, the city and local political community must join forces to accomplish the relocation of the Ministry of Oceans and Fisheries and maritime public institutions and the relocation of HMM headquarters, as well as to achieve the enactment of the Busan Global Hub City Special Act, relocation of the Korea Development Bank headquarters, and timely construction of Gadeokdo New Airport.”

He added, “As this is the golden time for securing national funds for Busan’s future, we will concentrate all our efforts on ensuring that next year’s key projects proceed without setbacks, establishing a foundation for timely response to the great AI transformation, and achieving results that citizens can truly feel.”