Busan is good

Busan Metropolitan City to Host the 111th Busan Future Economy Forum, Inviting Vice Chair Ha Jung-woo of the National AI Strategy Committee

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Busan Metropolitan City (Mayor Chun Jae-soo) and the Busan Economic Promotion Agency announced that they will host the 111th Busan Future Economy Forum at 8:00 a.m. tomorrow, September 22, at the International Conference Hall of Busan City Hall, with Ha Jung-woo, Vice Chair of the National AI Strategy Committee, as the invited speaker.

The forum has been organized to discuss a shared vision for the future and concrete directions for implementation as Busan seeks to become a new AI growth hub in Korea and a global AI city by connecting its maritime and manufacturing industries, content sector, and artificial intelligence (AI).

Around 300 people are expected to attend, including the Mayor, senior Busan Metropolitan City officials, heads of public institutions, presidents of universities in Busan, and business leaders.

The forum will begin with Mayor Chun Jae-soo sharing Busan Metropolitan City’s administrative vision for the “Future of Busan as a Maritime Capital” and introducing the speaker. This will be followed by a lecture by Vice Chair Ha Jung-woo and a question-and-answer session with participants.

The vision aims to seize the era of Arctic shipping routes as a new opportunity for Busan to take a major leap forward and to share a vision for the city’s growth as a “maritime capital at the center of the great transformation of the future.”

The Busan Future Economy Forum has been held approximately once a month since 2015, inviting prominent speakers to help participants learn about and share domestic and international economic and social trends, diagnose key issues facing Busan’s economy, and develop policy alternatives.

At the forum, Vice Chair Ha Jung-woo will deliver a lecture titled “Busan’s AI Transformation.”

He will first introduce Korea’s national artificial intelligence (AI) strategy, three megaprojects, and the direction of the seven SEED projects designed to connect regional industries and innovation capabilities through artificial intelligence (AI).

The seven SEED projects are national projects aimed at developing advanced technologies, which are critical assets for the economy and national security, into future growth engines for Korea.

He will then present directions for combining Busan’s strengths in the maritime, port, and logistics sectors with artificial intelligence (AI) to advance the city into a global maritime AI capital, as well as strategies for developing Busan into the brain of the industrial AI transformation (AX) across Busan, Ulsan, and Gyeongsangnam-do.

The lecture will also explore Busan’s potential to emerge as a leading city in southern Korea by integrating artificial intelligence (AI) with the city’s soft power in areas such as media, content, tourism, and the arts.

Through this forum, Busan Metropolitan City plans to respond proactively to the changing times, in which artificial intelligence (AI) is becoming a decisive factor in the competitiveness of industries and cities, and to explore ways to create new growth engines by combining AI with Busan’s strengths in the maritime, port, and logistics industries.

In particular, rather than limiting artificial intelligence (AI) to specific industries, the city plans to use it as a key tool for driving innovation across the full range of regional industries, including manufacturing, logistics, tourism, and content, thereby accelerating Busan’s AI transformation and creating new growth opportunities.

Mayor Chun Jae-soo said, “We must combine artificial intelligence (AI) with Busan’s strengths as a maritime capital to create new growth engines that can compete not only nationally but globally.” He added, “Through this forum, we will work together to chart the direction of Busan’s AI transformation and focus the city’s administrative capabilities on realizing Busan’s vision as a maritime capital.”