Table of Contents
- Key Projects of Busan City Reflected in the Government Budget
- Expansion of Transportation and Logistics Infrastructure
- Strengthening Financial, Startup, and Innovation Ecosystems
- Fostering Digital and New Industries
- Enhancing Cultural and Tourism Competitiveness
- Strengthening Competitiveness in Shipbuilding and Marine Industries
- Conclusion: Laying the Foundation for Busan as a Global Hub City
- Current Status of Busan City Government's Plan Reflection (Key Projects)
- Frequently Asked Questions (FAQ)
Key Projects of Busan City Reflected in the Government Budget
Several key projects initiated by Busan City have been included in the 2026 government budget. This is thanks to Mayor Park Hyung-jun's persuasion of central ministries and the Ministry of Economy and Finance, receiving positive evaluations as it gets closer to Busan's goal as a "global hub city."
A total of 689 billion won will be invested in the Gadeokdo New Airport, 32 billion won in the Eomgung Bridge, 30 billion won in the city subway Sasang-Hadan line, and 5 billion won in the North Port Global Startup Hub, achieving notable results in transportation, logistics, startup, and industrial innovation sectors. These large-scale projects are expected to positively impact the local economy and promote sustainable development in the future.
Expansion of Transportation and Logistics Infrastructure
The long-cherished construction of the Gadeokdo New Airport finally receives budget support. A total budget of 689 billion won has been allocated, establishing the groundwork for the timely opening of the new airport.
To enhance transportation convenience in western Busan, 30 billion won will be invested in the construction of the city subway Sasang-Hadan line. In addition, 37 billion won has been allocated for the Hadan-Noksan line project, which will be pursued simultaneously.
Several bridges across the Nakdong River are expected to significantly improve the traffic environment in western Busan. Examples include the construction of Eomgung Bridge (32 billion won), Daejeo Bridge (7 billion won), and Jangnak Bridge (10 billion won).
This expansion of transportation infrastructure will increase logistics efficiency and play a crucial role in establishing Busan as a global logistics hub.
Strengthening Financial, Startup, and Innovation Ecosystems
Busan City is establishing a Global Startup Hub in the North Port to develop as a startup-centered city. This project will invest 5 billion won and is expected to be completed next year, providing a foundation for global startup companies to settle stably in Busan.
Investments of 2.2 billion won in the Blockchain Specialized Cluster and 6.5 billion won in the Green Startup Town are expected to create synergies in finance and innovative industries. Through these developments, Busan has great potential to grow beyond a simple port city to becoming a major startup city in Asia.
Fostering Digital and New Industries
Remarkable progress is being made in new growth sectors. 7 billion won is being invested in the region-led artificial intelligence (AI) transformation project and 3 billion won in the AX-based AgeTech demonstration hub. Additionally, 2 billion won is allocated for the development of high-value technology for medical radioactive isotopes, which is expected to further expand Busan's future industrial ecosystem.
In particular, an investment of 360 million won in the construction of a marine·port AX demonstration center will accelerate the digital transformation of the marine industry. These various projects will contribute to enhancing Busan's industrial competitiveness.
Enhancing Cultural and Tourism Competitiveness
Various tourism-related projects are included in the government budget.
First, 1.25 billion won is provided to develop a tourism ecosystem based on K-content. The Nakdong Sunset Hwayoung Eco Park project will receive an investment of 1.66 billion won, while 810 million won is allocated for the project to make Amisan Sunset a tourist attraction.
Additionally, 3.5 billion won will be required to construct a water walkway. 1.8 billion won is allocated to create a healing forest in National Hwangnyeong Mountain, and 2 billion won is set aside to establish a marine healing center in Yeongdo.
These various projects will enrich Busan's tourism resources, promote stay-type tourism, and ultimately play an important role in helping Busan grow into a global tourism city.
Strengthening Competitiveness in Shipbuilding and Marine Industries
Support for Busan's key industries, shipbuilding and marine sectors, is being expanded.
Major investment items include 11.1 billion won for the Shipbuilding and Marine Future Innovation Talent Development Center, 1.8 billion won for the establishment of the next-generation marine mobility global innovation special zone, and 4.9 billion won for strengthening global competitiveness in MRO for small shipbuilding vessels.
Such investments will play a critical role in training technical talent and enhancing Busan's global competitiveness. Through this, Busan is expected to further solidify its position as a hub in the marine industry.
Conclusion: Laying the Foundation for Busan as a Global Hub City
Key projects of Busan included in the 2026 government budget are expected to be core elements driving the balanced development of the city across various fields such as transportation, startups, digital new industries, tourism, and shipbuilding and marine.
In particular, the construction of the Gadeokdo New Airport, the urban subway Sasang-Hadan line, and the North Port Global Startup Hub project are anticipated to further enhance Busan's international competitiveness. While the availability of additional funding will depend on the budget review results in the National Assembly, it can be seen that Busan has already laid a solid foundation for becoming a "global hub city."
Current Status of Busan City Government's Plan Reflection (Key Projects)
| Serial Number | Project Name | Allocated Amount (Unit: 100 million won) |
| 1 | Construction of Gadeokdo New Airport | 689 |
| 2 | Construction of Daejeo Bridge | 7 |
| 3 | Construction of Eomgung Bridge | 32 |
| 4 | Construction of Jangnak Bridge | 10 |
| 5 | Construction of City Subway Sasang-Hadan Line | 30 |
| 6 | Construction of City Subway Hadan-Noksan Line | 37 |
| 7 | Establishment of Global Startup Hub Busan | 5 |
| 8 | Blockchain Specialized Cluster | 2.2 |
| 9 | Green Startup Town | 6.5 |
| 10 | Region-Led AI Transformation Project | 7 |
| 11 | AX-Based AgeTech Demonstration Hub Project | 3 |
| 12 | Development of High-Value Technology for Medical Radioactive Isotopes | 2 |
| 13 | Construction of Marine·Port AX Demonstration Center | 0.358 |
| 14 | Support for Enhancing K-Content-Based Tourism Ecosystem | 1.25 |
| 15 | Creation of Nakdong Sunset Hwayoung Eco Park | 1.66 |
| 16 | Tourism Promotion for Amisan Sunset | 0.81 |
| 17 | Construction of Water Walkway | 3.5 |
| 18 | Establishment of National Hwangnyeong Mountain Healing Forest | 1.8 |
| 19 | Construction of National UN Peace Memorial Hall Annex | 0.2 |
| 20 | Construction of Yeongdo Marine Healing Center | 2 |
| 21 | Shipbuilding and Marine Future Innovation Talent Development Center | 11.1 |
| 22 | Establishment of Next-generation Marine Mobility Global Innovation Special Zone | 1.8 |
| 23 | Support for Strengthening Global Competitiveness of Small Shipbuilding Vessel MRO | 4.9 |
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Frequently Asked Questions (FAQ)
Q. What are the key projects of Busan City included in the 2026 government budget?
The construction of Gadeokdo New Airport, the city subway Sasang-Hadan line, Eomgung Bridge, and the North Port Global Startup Hub are included.
Many key projects initiated by Busan City have been reflected in the 2026 government budget. Notably, it includes the construction of Gadeokdo New Airport with an investment of 689 billion won, the construction of the city subway Sasang-Hadan line with a 300 billion won investment, the construction of Eomgung Bridge for 320 billion won, and the establishment of the North Port Global Startup Hub with a budget of 50 billion won. These projects are expected to play a significant role in enhancing Busan's competitiveness in transportation, logistics, startups, and industrial innovation sectors.
Q. What is the allocated budget for the Gadeokdo New Airport construction project, and what does it mean?
689 billion won is allocated for the construction of Gadeokdo New Airport, establishing the foundation for a timely opening.
The long-anticipated Gadeokdo New Airport construction project has received an allocation of 689 billion won in the government budget, ensuring necessary financial support. This significant investment lays the essential groundwork for completing and opening the new airport on time. As a result, Busan will secure its position as a key hub for both domestic and international logistics and transportation.
Q. What does Busan's transportation infrastructure expansion project entail?
Budget will be invested in the construction of the city subway Sasang-Hadan line and bridges such as Eomgung Bridge and Daejeo Bridge.
Busan City is investing 300 billion won in the construction of the city subway Sasang-Hadan line and 370 billion won in the Hadan-Noksan line to improve transportation convenience in western Busan. Moreover, budget allocations have been made for the construction of major bridges across the Nakdong River, including Eomgung Bridge (320 billion won), Daejeo Bridge (70 billion won), and Jangnak Bridge (100 billion won) to enhance logistics efficiency and improve local traffic conditions. This expansion of infrastructure will play a vital role in establishing Busan as a global logistics hub.
Q. What are the plans for strengthening Busan's startup and innovation ecosystem?
50 billion won will be invested in the establishment of the North Port Global Startup Hub, and investments will also be made into the blockchain cluster and Green Startup Town.
To become a startup-centered city, Busan City has allocated a budget of 50 billion won for the establishment of the North Port Global Startup Hub. Additionally, 2.2 billion won will go into the Blockchain Specialized Cluster, and 6.5 billion won is earmarked for the Green Startup Town, expecting to generate synergy effects in finance and innovation industries. These projects will lay the groundwork for Busan's growth from a simple port city to a leading startup city in Asia.
Q. What is the current status of government budget allocation for digital and new growth industries?
70 billion won for the AI transformation project, 30 billion won for the AgeTech demonstration hub, and 20 billion won allocated for the medical radioactive isotope development.
Investments in Busan's new growth power industries have expanded, with 70 billion won allocated for the region-led artificial intelligence (AI) transformation project and 30 billion won for establishing an AX-based AgeTech demonstration hub. Furthermore, 20 billion won will be invested in the development of high-value technology for medical radioactive isotopes. There is also 360 million won allocated for establishing a marine·port AX demonstration center, contributing to expanding Busan's future industrial ecosystem and accelerating digital transformation.
Q. What is included in the government budget support for enhancing Busan's tourism competitiveness?
Funding is allocated for various tourism projects such as K-content tourism development, Nakdong Sunset Hwayoung Eco Park, and the construction of a water walkway.
To enhance tourism competitiveness, Busan City is pursuing various projects, including a K-content-based tourism ecosystem with an investment of 1.25 billion won, creating Nakdong Sunset Hwayoung Eco Park with 1.66 billion won, and a project to promote Amisan Sunset as a tourist attraction for 810 million won, and the construction of a water walkway at a cost of 3.5 billion won. Additionally, 1.8 billion won and 2 billion won have been allocated for establishing a healing forest in National Hwangnyeong Mountain and a marine healing center in Yeongdo, respectively, enriching Busan's tourism resources and promoting stay-type tourism.
Q. What investments are being made to strengthen the competitiveness of the shipbuilding and marine industries?
111 billion won for the Shipbuilding and Marine Future Innovation Talent Development Center, 18 billion won for the establishment of the innovation special zone, and 49 billion won for strengthening competitiveness in MRO of small vessels.
To strengthen competitiveness in the shipbuilding and marine industry, Busan City is investing 111 billion won in the Shipbuilding and Marine Future Innovation Talent Development Center, 18 billion won in establishing the next-generation marine mobility global innovation special zone, and 49 billion won to enhance competitiveness in MRO of small shipbuilding vessels. These investments will contribute to nurturing technical talent and advancing the industry, thereby solidifying Busan as the central hub of the marine industry.
Q. What future vision does Busan City expect from including these projects in the 2026 budget?
We expect to enhance competitiveness as a global hub city and lead balanced urban development.
Through various key projects included in the 2026 government budget, Busan City aims to achieve balanced development across several fields, including transportation, startups, innovative industries, tourism, and shipbuilding and marine. Particularly, the construction of Gadeokdo New Airport, urban subway lines, and the North Port Startup Hub are crucial factors that will help strengthen international competitiveness. With this, Busan will establish a solid foundation to grow into a bona fide "global hub city," significantly contributing to the revitalization of the local economy and securing future growth momentum.