Busan PA will set next January 1st.
The Establishment Committee of Busan PA held its first conference June 13th in the afternoon in CityHall.
O Geo-don, Vice-Mayor for Administrative Affairs, was recommended by Busan City for the position of Second Director on the Establishment Committee.
The Committee wishes to reflect the city's position on the Establishment Preparation Course.
The Establishment Committee has a PA Establishment Planning team of 15 people for the Ministry of Maritime Affairs & Fisheries. In addition, there are 2 Busan City Public officials.
In particular, the Ministry of Maritime Affairs & Fisheries and Busan Metropolitan City will work together to embark on ordinance reform and related bills intended to keep firm finances, to reduce taxes and exempt tax according to the registration of the PA Corporation and its investment in kind.
That is, to reduce and exempt special tax (21,100Million Won of farming and fishing communities) according to the PA's Establishment. 28,900Million Won tax will be paid every year after establishment.
On the other hand, the city will invite the Ministry of Maritime Affairs & Fisheries, International Business and the academics who actively helped create the PA Bill Legislation to the Busan Cultural Center. In the Reception Hall, a report will be announced concerning the new PA Bill Legislation to all citizens.