Table of Contents
Overview of the Yeongdo Revival Project
Busan City has announced the "Yeongdo 100-Year Revival Project" to transform Yeongdo into a new global hub. This project is a large-scale development plan that focuses on creating a tourism special zone throughout Yeongdo, integrating marine business and tourism.
In particular, this initiative aims to expand the transport, culture, and industrial infrastructure simultaneously, going beyond simple regional development. It reflects the commitment to transform Yeongdo, which has faced difficulties due to past industrial restructuring and population decline, into a future growth axis for Busan, blending tourism, marine new industries, and global content.
Core Development of the K-POP Arena
The core of this project is the Yeongdo K-POP Arena. This performance venue, to be constructed on the site of Busan Nam High School, is expected to accommodate around 20,000 seats.
Key features of this arena include the ability to host K-POP performances and global concerts, along with combined functions for e-sports and international conventions. This project involves approximately 500 billion won in private investment.
It is expected that this facility will play a diverse role beyond just being a performance venue. It will encourage stay-type tourism, attract global fans, and serve as a core facility driving the expansion of the content industry.
Ultimately, it seems Yeongdo will have a significant opportunity to transform into a "staying tourism destination" through this arena.
However, the site of Busan Nam High School has transportation challenges, raising doubts about the feasibility of developing the arena. Currently, this site is under the jurisdiction of the education office, which has been very passive about selling or developing school property. With upcoming elections, it will be essential to pay attention to how the situation changes.
My personal thoughts on utilizing the Nam High School site can be found in the posting below.
Gamji Tourism Complex and Taejongdae Garden
In Yeongdo, tourism development based on natural resources is also underway. Among the projects, the notable developments are the Gamji International Tourism Complex and the Taejongdae Garden.
The main components of the Gamji Tourism Complex include the establishment of a marine healing center, operation of healing programs utilizing seawater and hot springs, and the construction of a sea library and various experiential facilities. In particular, marine healing is a wellness tourism industry that uses seawater, sea breeze, and marine environment and is closely related to future global tourism trends.
Additionally, Taejongdae Garden is planned to include five dome-shaped indoor gardens and spaces for sensory experiences. This is likely to establish a new landmark in Yeongdo that combines nature, culture, and relaxation. Such development is expected to contribute significantly to local tourism revitalization.
Innovation in Yeongdo Traffic Infrastructure
The most essential element in Yeongdo development is the transportation system. Busan City is making various plans to establish a circular transportation network encompassing all of Yeongdo.
Major plans include connecting the Busan Port Line to the eastern region and considering the introduction of a trackless tram in the western region. The establishment of the Yeongdo Circular Line is also mentioned as an important matter.
The trackless tram effectively utilizes existing roads and offers similar transportation capacity and stability as urban rail. Improvements in this transportation network are expected to greatly contribute to the development of Yeongdo.
A new pedestrian bridge will connect Kkangkkang Village and Jagalchi Market, significantly improving accessibility between the old city and Yeongdo.
These changes are expected to have a positive impact on diversifying tourist routes and revitalizing local commercial districts.
Establishment of a Marine New Industry Cluster
Yeongdo plans to develop as a center for not only the tourism industry but also the marine new industry.
Key strategies include developing AI-based marine forecasting technology through cooperation with Korea Maritime University, KIOST, and KMI, and conducting research related to polar data and smart ocean mobility.
By creating a cluster for shipbuilding and defense MRO and attracting marine companies, industrial competitiveness will be enhanced.
This is significant in that it represents a city model that combines tourism and industry, going beyond simple tourism development.
Future Value Outlook of Yeongdo Development
The "Yeongdo 100-Year Revival Project" underway in Busan is a large-scale plan that will bring about innovative changes to the urban structure.
Looking at the main effects of this project, it is expected that the creation of a tourism special zone will increase the influx of global tourists. Additionally, the construction of the K-POP arena will drive the development of the content industry, and there is a high possibility of leading in the marine healing and wellness tourism market. Improvements in transportation networks are expected to significantly enhance local accessibility. Finally, the foundation for the marine new industry will be established, contributing to economic growth.
Ultimately, Yeongdo will transform from a past industrial center into a complex hub where tourism and industry integrate. Depending on the speed of project advancement and the attraction of private investment, Yeongdo is likely to establish itself as a new growth axis for Busan.
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Frequently Asked Questions (FAQ)
Q. What is the Yeongdo 100-Year Revival Project?
The Yeongdo 100-Year Revival Project is a large-scale plan to develop Yeongdo as a global tourism special zone and a hub for marine new industries.
Busan City has announced the Yeongdo 100-Year Revival Project to transform Yeongdo into a global hub for marine business and tourism. This plan focuses on expanding transportation, culture, and industrial infrastructure beyond local development, aiming to turn Yeongdo, which has faced challenges due to past industrial restructuring, into a future growth axis for Busan combining tourism, marine new industries, and global content.
Q. What are the main features of the Yeongdo K-POP Arena?
The Yeongdo K-POP Arena is a 20,000-seat venue that accommodates K-POP performances, global concerts, e-sports, and international conventions.
The K-POP Arena, planned to be built on the site of Busan Nam High School, will be a large facility seating approximately 20,000 people. This venue will not only host K-POP and global concerts but also have the capacity to accommodate e-sports competitions and international conventions. It includes approximately 500 billion won in private investment and is expected to be a key facility for developing stay-type tourism and the content industry.
Q. What plans are there for innovation in Yeongdo's transportation infrastructure?
Yeongdo is planning a circular transportation network including the connection of the Busan Port Line, the introduction of a trackless tram, and the construction of the Yeongdo Circular Line.
Busan City is implementing various plans to establish a circular transportation network encompassing Yeongdo region. In the eastern region, the connection of the Busan Port Line is planned, and in the western region, the introduction of a trackless tram with transportation capacity similar to urban rail is under consideration. The construction of the Yeongdo Circular Line is also expected to improve road traffic efficiency, contributing to local development and accessibility enhancement.
Q. What are the development contents of the Gamji Tourism Complex and Taejongdae Garden?
The Gamji Tourism Complex will include a marine healing center and healing programs, while Taejongdae Garden will feature dome-shaped indoor gardens and experiential spaces.
Gamji International Tourism Complex plans to establish a marine healing center and wellness tourism programs utilizing seawater and hot springs. A sea library and various experiential facilities will also be constructed, focusing on fostering a marine healing industry that aligns with global tourism trends. Taejongdae Garden will consist of five dome-shaped indoor gardens and sensory experience spaces, serving as a new landmark that combines nature, culture, and relaxation.
Q. What are the main initiatives for establishing a marine new industry cluster in Yeongdo?
We will collaborate with Korea Maritime University, KIOST, and KMI to develop AI-based marine forecasting technology and conduct smart mobility research.
Yeongdo is collaborating with various research institutions to nurture a center for marine new industries as well as tourism. Key strategies include developing AI-based marine forecasting technology and conducting research related to polar data and smart ocean mobility. Additionally, the creation of a shipbuilding and defense MRO cluster and attracting marine businesses will strengthen industrial competitiveness and create a city model that integrates tourism and industry.
