Ministry of Trade, industry and Energy Korean Free Trade Zone

Busan Port Free Trade Zone

Busan Port Free Trade Zone Information

Busan Port Free Trade Zone is the largest free trade zone (FTZ) in Korea. It facilitates various value-added logistics activities by taking advantage of its geographical advantages i.e. close proximity to Busan Port, the world's 7th largest import/export port and the world's 2nd largest transshipment port.

Overview

Busan New Port (container terminal and port hinterland complex)

Address

New Port area (Gangseo-gu, Busan/Jinhae-gu, Changwon-si, Gyeongsangnam-do)

Total area

10,798,000m2 (container terminal 5,813,000m2, hinterland complex 4,985,000m2)

Key industries

Container unloading, storage, manufacturing, processing, etc.

Exports

USD 518,242,000 (as of 2020) * Export total of companies inside the hinterland complex

Key tenants

Terminal operators: Hanjin Busan Newport Co., HMM PSA New-port Terminal Co., Ltd., etc.

Hinterland tenant companies: BIDC Co., Ltd., CJ Logistics BND Co., Ltd., Lotte Busan Newport Logistics Co., Ltd., etc.

Busan North Port (Sinseondae Container Terminal)

Address

Sinseondae terminal rea (Yongdang-dong, Nam-gu, Busan)

Total area

1,170,000㎡

Key industries

Container unloading

Exports

Key tenants

Busan Port Terminal Co., Ltd.

Busan Port International Ship Supply Center

Address

Busan Port International Ship Supply Center (Namhang-dong, Yeongdo-gu, Busan)

Total area

28,000㎡

Key industries

Ship supplies

Exports

USD 715,000 (as of 2020)

Key tenants

Prime Korea Co., Ltd., Eastern Marine Co., Ltd., etc.

Shortcut to website

Key features

Airport facilities

Access to the Gimhae International Airport (approx. 21km away)
Access to the new Gadeokdo Airport once it opens

Railroad facilities

* Railway line handling cargo from Busan New Port

Busan Station is located behind the Busan North Port.
Busan New Port Line* connecting Jillye Station and Busan New Port Station (both on the Gyeongjeon Line) currently operational (total length: 21.3km)

Port facilities

Close access to Busan New Port and North Port
Simultaneous berthing of 32 50,000-ton class ships

Road network

Close access to the 1st hinterland road (New Port North container terminal - Gimhae Chojeong IC) (22.9km)
Close access to the 2nd hinterland road (New Port hinterland - Jillye JC) (15.3km)
Close access to the coastal ring road to Gamcheon Port and North Port (52km)

Area information