Signing of the Public-Private Partnership Agreement for the Busan Western Medical Center: Expansion of public medical infrastructure and progress of Taeyoung Construction's BTL project.


West Busan Medical Center Finally Gets on Track

Busan West Busan Medical Center

The West Busan Medical Center construction project, which has been long prepared by the city of Busan, is finally set to proceed in earnest following the signing of the private investment project agreement.

This agreement marks an important milestone for the expansion of public healthcare infrastructure that local residents have long wished for, and it includes the construction of a large-scale comprehensive hospital with 300 beds in the area of Sinpyeong-dong, Saha-gu.







Background and Main Content of the Agreement

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On September 5th at 10:30 AM, the signing ceremony held at the Daegyang Hall of Saha District Office saw the attendance of Mayor Park Hyung-joon of Busan, CEO Choi Jin-guk of Taeyoung Construction, local lawmakers, and over 300 residents.

The main contents of the agreement include a total project cost set at 85.826 billion won, with ownership of the facility transferring to the city of Busan upon completion. Additionally, the project implementer will have the right to manage and operate the facility for 20 years.

The operation will be conducted under a BTL (Build-Transfer-Lease) model, with an annual facility lease fee projected at approximately 8.132 billion won. Operating costs are expected to be around 957 million won per year. This agreement is expected to foster mutual development with the local community.







Overview of West Busan Medical Center Construction

Busan West Busan Medical Center

A new hospital located in Sinpyeong-dong, Saha-gu, Busan is gaining attention. This facility will extend from one basement level to six above-ground floors, covering a total floor area of 29,166㎡. The number of beds will total 300, including 240 general acute care beds, 20 intensive care beds, 22 public utility beds, and 18 infection isolation beds.

Parking space will accommodate 300 vehicles, with 57 underground and 243 above-ground spaces expected to provide convenience for car users. The construction of the hospital will start in 2026 and is scheduled for completion in 2028.

This hospital will feature a dental center for patients with disabilities and an infectious disease response system, and will include a 24-hour emergency medical center. Advanced medical equipment, including CT and MRI machines, will be introduced, making it function as a key public hospital in the region with essential medical specialties.





Expectations of Local Residents



Busan West Busan Medical Center

The West Busan Medical Center will be located near Hadan and Sinpyeong Station, significantly improving accessibility to medical services for residents of Saha and Gangseo areas. Previously, medical demand had concentrated in the central Busan region, particularly at the Busan Medical Center, so the construction of this hospital is expected to positively impact the balanced development of the West Busan area.

Moreover, the operation of the dental center for persons with disabilities and an exclusive ward for infectious diseases holds significant meaning in strengthening the public healthcare safety net, covering vulnerable groups within the community. This development is anticipated to contribute to the health promotion of the local community.





Conclusion

West Busan Medical Center Private Investment Project Agreement


The agreement for the establishment of the West Busan Medical Center has been signed. This not only marks the design of a hospital but also lays the foundation for providing safe and balanced medical services to the residents of West Busan.

Based on this agreement, the city of Busan will proceed with the detailed design and approval procedures, aiming to start construction in 2026 and complete it by 2028. Along with this, plans are in place to develop the West Busan Medical Center as a representative example of a '15-Minute Medical City.'

Since the project is being carried out under the BTL method led by Taeyoung Construction, expectations are high for stable facility management and a long-term operational system. As the long-held wishes of the community for over ten years come to fruition, it is expected that the public healthcare infrastructure in Busan will be further strengthened.

West Busan Medical Center (Scheduled for 2028): 171 Hasin Jungang-ro, Saha-gu, Busan



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Frequently Asked Questions (FAQ)

Q. What prompted the West Busan Medical Center construction project to proceed?
The signing of a private investment project agreement by the city of Busan has placed the West Busan Medical Center construction project on the right track.

The construction project for the West Busan Medical Center has been long prepared by the city of Busan, and it is now officially moving forward with the signing of the private investment project agreement. This agreement represents an important milestone aimed at expanding the public healthcare infrastructure that residents have strongly desired, which includes the construction of a comprehensive hospital with 300 beds in Sinpyeong-dong, Saha-gu. This is expected to significantly improve access to local medical services.

Q. How was the West Busan Medical Center construction agreement ceremony conducted?
The ceremony took place on September 5th at the Saha District Office, attended by Mayor of Busan and over 300 residents.

The construction agreement ceremony for the West Busan Medical Center was held at 10:30 AM on September 5th at the Daegyang Hall of Saha District Office. The event was attended by the Mayor of Busan Park Hyung-joon, CEO Choi Jin-guk of Taeyoung Construction, local lawmakers, and over 300 residents, showcasing the importance of this project and the community's expectations. The agreement finalized key details such as project costs, ownership rights, and operational methods.

Q. What scale and facilities will the West Busan Medical Center have?
A comprehensive hospital with underground 1 floor, ground 6 floors, 300 beds, an emergency medical center, and advanced equipment.

The West Busan Medical Center will be constructed in Sinpyeong-dong, Saha-gu, Busan, spanning from one underground floor to six above-ground floors, covering approximately 29,166㎡. It will have 300 beds consisting of 240 general acute care beds, 20 intensive care beds, 22 public utility beds, and 18 infection isolation beds. It will feature a 24-hour emergency medical center equipped with advanced medical devices such as CT and MRI machines, as well as a dental center for disability services and an infectious disease response system. A parking space for 300 vehicles will also ensure convenience for users.

Q. What impact will the construction of the West Busan Medical Center have on local residents?
Improved medical accessibility for residents of Saha and Gangseo Districts and strengthened public healthcare safety net.

The West Busan Medical Center, located near Hadan and Sinpyeong Station, will allow residents of Saha and Gangseo Districts to access medical services more easily. In the past, demand had concentrated in buses that provided services to central Busan such as the Busan Medical Center. The construction of this facility is expected to reduce healthcare disparities between regions and facilitate balanced development. Furthermore, the operation of a dental center for persons with disabilities and a dedicated ward for infectious diseases will significantly enhance the public healthcare safety net for vulnerable populations.

Q. What is the method of implementation for the West Busan Medical Center project and what's the target completion date?
The project is carried out by Taeyoung Construction in a BTL manner, scheduled for construction in 2026 and completion in 2028.

The West Busan Medical Center construction project will be conducted as a Build-Transfer-Lease (BTL) model overseen by Taeyoung Construction, with a total project cost of 85.8 billion won. Ownership will be transferred to the city of Busan upon completion, while Taeyoung Construction will manage and operate the hospital for 20 years. The city of Busan aims to start construction in 2026 and complete the project in 2028, creating a representative public hospital for the West Busan area.


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