Busan's Global Hub Potential
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Busan Mayor Park HeongKorea Joongang Daily
•Busan mayor says Festival Shiwol proves capacity to be global hub city
73% Informative
Busan Mayor Park Heong-joon said the port city earned a chance to advance its profile as a “global hub city” during an interview with the Korea JoongAng Daily .
Park said Busan 's rebirth as a global hub city could “solve the country’s chronic problems of a low birthrate and stagnant economic growth by tackling regional disparities” The port city can be defined as a city that makes "living worthwhile" among young generations.
Busan has laid out and executed a wide range of strategies to attract foreign visitors.
The city has seen a huge jump in the number of annual foreign visitors recently, with an expectation of surpassing the 3 million threshold this year .
Becoming a global hub city has always been the most grand and pivotal objective.
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