ASIA

Scarcity of traffic at Busan new port

19 years ago

Busan new port, which will be completed by 2015 at a cost of $9.2bn, is currently struggling to attract sufficient traffic to make a return on investment. The facility, which will eventually have 30 berths, is supposed to establish South Korea as a logistics centre in Asia.

Port Strategy: Busan new port is struggling to attract customers

Busan new port, which will be completed by 2015 at a cost of $9.2bn, is currently struggling to attract sufficient traffic to make a return on investment. The facility, which will eventually have 30 berths, is supposed to establish South Korea as a logistics centre in Asia.