March 28, 2012 Waterfront City Busan
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1 March 28, 2012 Waterfront City Busan Busan Metropolitan 부산북항재개발 City <0>
2 부산북항재개발 <1>
3 Contents The Busan Waterfront City of Busan 1 Busan s coastline at a glance 2 North Port Redevelopment Project Overview 3 Milestones 4 Land Use Plan 5 Progress 8 Future Timeline IWA World Water Congress & Exhibition 11 Pictures of Busan 12 부산북항재개발 <2>
4 The Busan Waterfront City of Busan Located at the Southeastern tip of the Korean Peninsula, Busan is Korea s second largest metropolis after Seoul with a population of 3.6 million and is blessed with beautiful natural scenery including mountains, rivers and the sea as well as a mild climate with an annual average temperature of Key Facts Korea s No. 1 port The world s 5th busiest container port Gateway to the Eurasian Continent The most popular beach resort city with 7 beautiful beaches GRDP of USD 54 billion and GRI of USD 57.6 billion Mainstay industries - Shipbuilding, Trade, Materials and Equipment - Footwear and Textiles - Film - Tourism and Convention 부산북항재개발 <3>
5 The Busan Waterfront Busan s coastline at a glance The world s 5 th busiest container port 80% of Container Volume in Korea 6 Terminal Operators (20 berths) North Port 7 Terminal Operators (22 berths) Busan New Port Gamcheon Port South Port Redevelopment Project Site Dadaepo Port 부산북항재개발 <4>
6 North Port Redevelopment Project A national policy project to redevelop Busan into an international maritime capital as a gateway to the Eurasian Continent 1. Overview Location Piers 1-4, Coastal Ferry Terminal, Int l Passenger Terminal Area 1,527,247m2 (152.7ha) Cost USD 7.6 billion Duration Developer Busan Port Authority Economic effects - Added value of USD billion - 120,000 new jobs Coordinates N, E Dong-gu Busan Station (KTX High Speed Train) Jung-gu Central Pier Pier 2 Pier 1 Pier 5,6 (Jaseongdae Container Terminal) Pier4 Pier 3 North Port Bridge International passenger terminal Coastal passenger terminal Pier 7 Yeongdo Island Pier 8 Gamman Container Terminal 부산북항재개발 <5>
7 North Port Redevelopment Project 2. Milestones Public announcement for Project Developer (BPA) Public announcement of Basic Project Plan Confirmation of Urban Management & Action Plan Designation as one of 10 Korean New Deal Projects Commencement of Site Construction Commencement of Outer Revetment Construction Business Proposal by GS Consortium (*Hosting Facilities) Business Proposal by SUTL Global (*Marina Facilities) 부산북항재개발 <6>
8 North Port Redevelopment Project 3. Land Use Plan Port and waterfront facilities will line the coastline with commercial buildings including offices and cultural facilities along the boardwalk public area (77%), private area (23%) 4 districts covering 330,856 m2 (23% of the entire area) Port Facilities District Complex Urban District IT, Media, Exhibition District Marina Center Busan Station KTX,Metro Integrated Transportation Center Maritime Cultural District Commercial & Business District Multi-purpose Port District Port Facilities District Multi-purpose Port District Complex Urban District IT, Media, Exhibition District Commercial & Business District Maritime Cultural District Cruise terminal, Pier for pleasure boat trips, Convenient facilities etc. Int l cruise terminal, Shopping centers, Outlet malls, etc. Shopping malls, Hotels, Food markets, Hospitals, International schools, Living facilities, etc. IT exhibition hall, Family entertainment zone, X-sports stadium, Multiplex media center, etc. Financial centers, Shopping centers, Brand outlet malls, Business facilities, Lodging, etc. Arts Center, Maritime culture facilities, Water park, Monument, etc. 부산북항재개발 <7>
9 North Port Redevelopment Project Land for Public Facilities International Passenger Terminal - BPA will construct the terminal by 2014 Opera House (within Maritime Cultural District) - Basic Plan by Busan Metropolitan City Energy Supply System (for the entire redevelopment site) - MOU signed between BPA and Korean power companies Marina Facility - MOU with Singapore SUTL Group (April 7, 2011) - Business Plan proposed by SUTL Group (August 3, 2011) - Commencement of construction by the end of 2012 Integrated Transportation Center - BOT (profit-making facilities can be sold to the private sector) 부산북항재개발 <8>
10 North Port Redevelopment Project Private Investments Complex Urban Bid closed on August IT Exhibition (including alternative proposal for A consortium led by GS Construction Co. proposed the business plan Port Facilities District) Maritime Cultural District (Public-Private Partnership) Landmark Area of the Project IT Media Exhibition Commercial and Business Multi-purpose Port Complex Urban Commercial Business District Development to be connected with the Int l Passenger Terminal Port Facilities Maritime Cultural Investment to be allocated according to business type, district functions and the opinions of private investors 부산북항재개발 <9>
11 North Port Redevelopment Project 4. Progress February 29, 2012 Gov. BPA Phase 1-1 Outer revetment Phase 1-2 Docking facilities Site preparation Cost / Duration Scope Progress USD 55.2 million/ Feb Jan USD 104 million/ Feb Jan USD 40 million/ Dec Mar USD 26 million/ Jan Oct breakwater 150m, outer revetment 192m, temporary revetment 507m, revetment for scenic waterway 2,834m 360m for cruise pier, 968m for Int l Passenger Terminal reclaiming 466,000 m2, ground improvement 390,000 m2, drainage box 358m, removal of one existing facility 74% 72% 77% dredging 397 m2, reclaiming 1.5 million m3 19% 부산북항재개발 <10>
12 North Port Redevelopment Project 5. Future Timeline 08. ~ 13. : Completion of 1 st Stage Land Development (Piers 3, 4, Central) 12. ~ 14. : Completion of Int l Passenger Terminal 14. ~ 15. : Completion of 2 nd Stage Land Development (Piers 1, 2) 13. ~ 20. : Construction by Private Investors (*Superstructure) 부산북항재개발 <11>
13 North Port Redevelopment Before & After Redevelopment Project Commercial Business District Complex Urban District IT Media Exhibition District Maritime Cultural District Multi-purpose Port District Port Facilities District 부산북항재개발 <12>
14 2012 IWA World Water Congress & Exhibition 2012 IWA World Water Congress will be held in Busan on September 16-21, 2012 with 7,000 leading water professionals, scholars and businesses to discuss scientific water management and future water resources development. BEXCO (Busan Exhibition & Convention Center) Overview Duration September 16-21, 2012 Venue Busan, South Korea Participation 7,000 delegates from 130 countries Main events - Congress sessions, Exhibitions, IWA Project Innovation Awards (PIA) Ceremony, Various cultural events Busan invites its sister cities to IWA 2012 Sister city delegates are invited to attend workshops, exhibitions, and technical tours Contact us at Environment Policy Division, Busan Metropolitan City - Website - Tel 부산북항재개발 <13>
15 Haeundae Beach 부산북항재개발 <14>
16 Nurimaru APEC House & Haeundae Beach 부산북항재개발 <15>
17 Gwangan (Diamond) Bridge 부산북항재개발 <16>
18 Busan Port Container Terminal 부산북항재개발 <17>
19 Haedong Yonggungsa Temple 부산북항재개발 <18>
20 Dureraum (Busan Cinema Center) 부산북항재개발 <19>
21 The Fireworks Festival 부산북항재개발 <20>
22 부산북항재개발 <21>
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