Busan is good

Busan Metropolitan City Holds Budget and Policy Consultation Meeting with the Busan Chapter of the People Power Party to Turn Busan’s Opportunities into Reality

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Busan Metropolitan City, led by Mayor Chun Jae-soo, announced that it held a Budget and Policy Consultation Meeting with the Busan Chapter of the People Power Party at 8:00 a.m. today, September 2, at the Kensington Hotel Yeouido in Seoul to discuss bipartisan cooperation for resolving the city’s major pending issues and securing national funding for 2027.

The meeting marked the first forum for communication and cooperative governance since the launch of the ninth popularly elected city administration. Attendees from Busan Metropolitan City included Mayor Chun Jae-soo, senior mayoral aides, and heads of offices, bureaus, and headquarters. The People Power Party was represented by all National Assembly members from Busan, including Busan Party Chair Lee Seong-gwon.

Under the shared goal of “Busan’s Development,” participants agreed to establish close cooperation transcending party lines and to make an all-out joint effort to address pressing issues and secure national funding for the coming year.

The two sides first discussed major pending issues, including Busan’s long-standing priorities.

They discussed ways to advance the second relocation of public institutions to regions outside the capital area, ensure the timely opening of Gadeokdo New Airport, convert Baptist Hospital into a public hospital, establish a safe drinking-water supply system, carry out the Gyeongbu Line railway grade-separation and undergrounding project, develop a multimodal transfer center at Bujeon Station, attract a global AI hub, introduce differentiated industrial electricity rates, and create a K-content cultural complex. They agreed to work actively together with support and cooperation from the National Assembly and the party’s Busan chapter.

The two sides also discussed response strategies for 17 major projects seeking national funding to foster Busan’s future emerging industries and other priorities in preparation for the National Assembly’s deliberations on the 2027 national budget proposal.

Major projects include establishing a National Quantum Innovation Center; developing a Total Care AX Platform linking regional care services based on physical AI; creating a Blockchain Creative District; establishing and operating a Maritime and Port AX Demonstration Center; establishing a next-generation power semiconductor production platform; building the infrastructure for an AI-Based Biomaterials Process Innovation Convergence Support Center; carrying out the AI transformation of the Busan Eco Delta Smart City National Pilot City; and developing a Specialized Smart City District.

Busan Party Chair Lee Seong-gwon said, “We will persuade the administration and the ruling party and respond through bipartisan cooperation to resolve Busan’s urgent issues and secure national funding for next year. The ruling and opposition parties must join forces for the interests of Busan and its citizens and for Busan’s future, and we will work closely with Busan Metropolitan City.”

Mayor Chun Jae-soo responded, “This is the golden time for Busan to soar as a ‘Global Maritime Capital,’ and securing national funding for next year is more important than ever if we are to turn the opportunities before Busan into reality. We must also move swiftly to address the defining challenges of our time and Busan’s long-standing priorities so that the city can grow into an innovation hub that leads the Republic of Korea.”

He added, “I ask for your full support solely for the sake of Busan. I will continue to communicate frequently and work together with our lawmakers, devoting every effort to the lives of Busan’s citizens and the future of Busan.”