Table of Contents
- The Catalyst for Busan's Economic Leap: Establishing a Hub of Advanced Logistics in Gangseo District
- Logistics Giants' Love Calls Toward Gangseo District
- Nongshim Establishes a K-Ramen Exclusive Export Factory in Busan
- Custom Administrative Support for Enterprises: Making Busan the No. 1 Investment Destination
- Conclusion: Gangseo District in Busan, Rising as the Logistics Center of South Korea
- Frequently Asked Questions (FAQ)
The Catalyst for Busan's Economic Leap: Establishing a Hub of Advanced Logistics in Gangseo District
Busan Gangseo District is establishing itself as a center of the advanced logistics industry amid a trend of large-scale private investment.
Recently, key projects such as the Lotte Shopping automated logistics center, BGF Retail logistics center, Coupang logistics center, and Nongshim's dedicated export production facility have commenced, positively impacting the local economy. The total investment from these four companies is expected to reach 980 billion won, which is anticipated to create over 6,000 new jobs.
The city of Busan regards these large-scale investments as a notable achievement of its 8th civil election administration and is reinforcing site inspections and communication to ensure smooth project advancement.
Logistics Giants' Love Calls Toward Gangseo District
Recently, Mayor Park Hyung-jun of Busan carried out his first site visit to commemorate the 3rd anniversary of the 8th civil election on July 1st. In the afternoon, he visited the construction sites of logistics centers for Lotte Shopping, BGF Retail, and Coupang sequentially to check on their progress. This occasion provided a meaningful time to share the visions of the companies.
Lotte Shopping is establishing the first online-exclusive automated logistics center in the country using the Ocado system from the UK. This project started in 2023, covers a total area of 41,500㎡, and has a project cost of about 200 billion won. This logistics center is expected to create 2,000 new jobs. Currently, the construction progress is over 90%, and it is scheduled for completion in August 2025.
BGF Retail is developing a large logistics center with an area of 128,000㎡. The investment for this project is 260 billion won, aiming for completion in the second half of 2026. The newly constructed logistics center plans to create 800 jobs. This facility is expected to serve as a logistics hub for the overseas expansion of 'K-Convenience Stores'.
Coupang is constructing an AI-based fulfillment center in Gangseo District. This project involves an investment of about 300 billion won and is set to implement an automated system utilizing AI and big data over an area of 198,000㎡. Scheduled for completion in the second half of 2026, it is expected to create about 3,000 new jobs.
Nongshim Establishes a K-Ramen Exclusive Export Factory in Busan
Nongshim is constructing a new exclusive export factory at its Noksan plant in Gangseo District. This factory will be established with an investment of about 220 billion won and will have the capacity to produce 500 million packets of ramen annually.
Particularly, it is expected to position itself as an advanced production facility by introducing AI-based smart factory technology. This factory is planned for completion in the second half of 2026 and will hire 150 new employees.
Custom Administrative Support for Enterprises: Making Busan the No. 1 Investment Destination
Busan is strengthening various policies through investment attraction recently. To this end, it has amended the 'Corporate and Investment Attraction Promotion Ordinance', assigned dedicated public officials, and established a tailored administrative support system that processes permits quickly.
As a result of these efforts, it has successfully attracted investments amounting to a total of 11.5 trillion won during the 8th civil election period, establishing Busan as a corporate-friendly city with world-class logistics infrastructure.
Mayor Park Hyung-jun emphasized that he will further enhance the virtuous cycle of private investment by utilizing Busan's strong logistics infrastructure and administrative support capacity, stating, "We will do our best with the belief that the growth of enterprises leads to the development of Busan."
Conclusion: Gangseo District in Busan, Rising as the Logistics Center of South Korea
Busan Gangseo District is rapidly developing as an investment center chosen by major companies such as Lotte, Coupang, BGF, and Nongshim.
The investment of 980 billion won and the creation of 6,000 jobs go beyond simple statistics, showcasing Busan's potential as a future industrial city and global logistics hub.
Through corporate attraction and administrative innovation, Busan will establish itself as a center for new growth industries and firmly play its role as a model case for job creation.
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Frequently Asked Questions (FAQ)
Q. What is the reason for the concentration of large-scale investment in Busan Gangseo District?
Busan Gangseo District is becoming a center of the advanced logistics industry with a concentration of large-scale private investments.
Busan Gangseo District is establishing itself as a center of the advanced logistics industry through large-scale investments from major companies such as Lotte Shopping, BGF Retail, Coupang, and Nongshim. The investment of 980 billion won will lead to the construction of logistics centers and dedicated export production facilities based on the latest automation and AI technologies, significantly contributing to the revitalization of the local economy and job creation.
Q. What characteristics does Lotte Shopping's automated logistics center have?
Lotte Shopping is building an online-exclusive automated logistics center using the Ocado system from the UK.
Lotte Shopping is constructing Korea's first online-exclusive automated logistics center using the Ocado system from the UK in Busan Gangseo District. The total area is 41,500㎡, with an investment of about 200 billion won, and it is expected to create 2,000 new jobs. The construction progress is currently over 90%, aiming for completion in August 2025.
Q. For what purpose will the logistics center built by BGF Retail be used?
BGF Retail's large logistics center will serve as a logistics hub for the overseas expansion of K-Convenience Stores.
BGF Retail's large logistics center, covering an area of 128,000㎡, has an investment of 260 billion won and is expected to be completed in the second half of 2026. This facility will play a key logistics hub role for the overseas expansion of 'K-Convenience Stores' and is anticipated to create around 800 new jobs.
Q. What advanced technologies are expected to be implemented in Coupang's fulfillment center?
Coupang is constructing a fulfillment center that will implement an automated system using AI and big data.
Coupang is investing around 300 billion won and building an AI-based fulfillment center with an area of 198,000㎡ in Busan Gangseo District. This center will have an automated system incorporating AI and big data technology enabling efficient logistics operations, and it is expected to be completed in the second half of 2026, creating around 3,000 jobs.
Q. What production capacity and technology does Nongshim's newly established factory have?
Nongshim is establishing a production facility with annual capacity to produce 500 million packets of ramen applying AI-based smart factory technology.
Nongshim is investing about 220 billion won to build a dedicated export factory at its Noksan plant in Busan Gangseo District. This factory will introduce AI-based smart factory technology as an advanced production facility with annual production capacity of 500 million packets of ramen and is planned for completion in the second half of 2026, with plans to hire 150 new employees.
Q. What administrative support is Busan City providing to attract large-scale corporate investments?
Busan City actively supports large-scale corporate investment attraction through tailored administrative support and expedited permits.
Busan City has established a tailored administrative support system through the amendment of the 'Corporate and Investment Attraction Promotion Ordinance,' the assignment of dedicated public officials, and the quick processing of permits. As a result of these efforts, it has successfully attracted investments amounting to 11.5 trillion won during the 8th civil election period and is facilitating seamless large-scale investments by creating a corporate-friendly environment.
