Busan City to Discover Marine Industry Gamechanger Projects

Briefing Session on the Discovery and Support of Leading Fields in the Marine New Industry

Busan City (Mayor Park Hyung-jun) will hold a briefing session on the discovery and support of leading fields in the marine new industry on the 26th at 1:30 PM in the City Council's main conference room. The event is hosted by Busan City and organized by the Busan Institute for Advanced Studies in Science and Technology (Director Kim Young-bu).

The "Marine New Industry Leading Field Discovery and Support Project" is part of Mayor Park Hyung-jun's New Marine Capital strategy, which presents a blueprint to establish Busan as a global leading marine city.

This strategy supports cooperation among industry, academia, research institutes, and government in the marine and fisheries sectors based on the potential of "Marine Capital Busan," which has global competitiveness in marine clusters and related fields. The goal is to create new job categories preferred by youth and establish a virtuous cycle system where companies and talent grow together.

This briefing session was prepared to introduce this project, which Busan City is implementing for the first time this year, to researchers in marine and fisheries-related industry, academia, and research, and to encourage participation in the support project.

The project concept involves discovering and promoting game-changer projects in the marine industry sector that will contribute to securing Busan's future growth engines.

Through a public contest, six new R&D planning tasks and two demonstration pilot projects will be discovered. For new planning tasks, planning research funds of around 40 to 50 million KRW will be provided to concretize the projects, and for demonstration pilot projects, project funds of about 300 million KRW will be supported.

Compared to the usual R&D project planning research fund support of around 10 to 20 million KRW, this support project is seen as Busan City's proactive investment and fostering of new industries converging marine and future technologies.

The briefing session will proceed in the order of ▲opening and introduction of attendees ▲overview of the support project and announcement of the public contest ▲Q&A session.

Attendees at the briefing include Choi Do-seok, Chair of the City Council's Marine City Safety Committee; Kim Young-bu, Director of the Busan Institute for Advanced Studies in Science and Technology; Shim Sung-tae, Director of the City’s Marine Fisheries Bureau; and researchers from marine and fisheries-related industry, academia, and research.

Anyone interested in the support project can attend the briefing session and register on-site without prior application.

Busan City plans to discover strategic projects utilizing the excellent local marine infrastructure and attract central government policy tasks to Busan or national commercialization through this project.

Shim Sung-tae, Director of Busan City's Marine Fisheries Bureau, said, "This is the first year we are implementing this project to leap Busan into a global leading marine city driving advanced new industries in the marine sector," adding, "We hope for active interest and participation from industry, academia, and research researchers so that game-changer projects in the marine industry sector can be born in the Marine Capital."