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Busan Cooperative Fish Market Holds First Auction Ceremony, Praying for Safety and a Bountiful Catch

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Busan Metropolitan City Mayor Park Heong-joon announced that at 6:30 a.m. tomorrow (the 2nd), a First Auction Ceremony will be held at the Busan Cooperative Fish Market (CEO Jeong Yeon-song) to commemorate the first auction of the new Byeongo Year.

The First Auction Ceremony is an event that commemorates the first auction of the new year and prays for the safe return of vessels heading out to sea and for a bountiful catch. It is also a historic and cultural event that marks the start of the year for the entire city of Busan, which has grown on the foundation of the fisheries industry.

Mayor Park Heong-joon, Busan Metropolitan Council Chairperson Ahn Seong-min, Superintendent of Education Kim Seok-jun, local National Assembly members, and heads of local fisheries-related organizations will attend the ceremony. The event will begin with a pungmul performance announcing the first auction of the Byeongo Year, followed by opening remarks and congratulatory speeches, a demonstration auction by distinguished guests, and a ritual praying for an abundant catch.

Busan Metropolitan City expects that once the Busan Cooperative Fish Market Modernization Project, which began construction last month, is completed in 2029, the added value of seafood will increase and distribution competitiveness will be strengthened, contributing significantly to higher income for fishers.

In addition, the City will continue to work closely with fish market stakeholders to ensure the project is completed smoothly without disruptions.

Mayor Park Heong-joon emphasized that this year marks the first substantive year of the relocation of the Ministry of Oceans and Fisheries to Busan, stating, “As the world is paying attention to K-food, we will dedicate ourselves to fostering the seafood food industry so that, with the relocation of the Ministry as a catalyst, the Busan Cooperative Fish Market can become a forward base for K-food (seafood products).”