Yeosu Gwangyang Port Authority Conducts Investment Promotion Activities in Beijing and Qingdao, China

Discovering and Networking with New Partner Companies
Including the China Communications and Transportation Association and the China Association of Small and Medium Enterprises

Yeosu Gwangyang Port Authority (Acting President Hwang Hakbeom, hereafter referred to as the Authority) announced on May 22 that, from May 19 for a five-day schedule, it visited Beijing and Qingdao in China. Together with the Gwangyang Bay Area Free Economic Zone Authority, the Authority carried out networking with government agencies related to overseas investment and worked to identify promising companies in the advanced materials, logistics, and food sectors for investment in the Gwangyang Bay Area.

This schedule was arranged to directly introduce the industrial infrastructure and investment environment of the hinterland complex at Gwangyang Port to companies in Beijing and Qingdao, both regions with high potential for new investment in the Gwangyang Bay Area. The purpose was also to establish a foundation for cooperation with Chinese institutions related to the manufacturing and logistics industries, thereby enabling the continuous discovery of new investment companies.

From May 19 to 23, during the investment attraction activities in the northeastern region of China, representatives from Yeosu Gwangyang Port Authority, Gwangyang Bay Area Free Economic Zone Authority, related Chinese institutions, and companies are taking a commemorative photo. Photo by Yeosu Gwangyang Port Authority

The Authority and the GFEZ investment attraction team first visited the China Communications and Transportation Association and the China Association of Small and Medium Enterprises in Beijing. They presented successful examples of Chinese investment companies in the Gwangyang Port hinterland complex and introduced the advantages for Chinese companies in import and export operations using Gwangyang Port, thereby laying the groundwork for long-term cooperation in investment attraction.

Subsequently, they traveled to Qingdao, where they actively held investment consultations with local companies. During a visit to Company H, a maritime and air logistics specialist, they explained the differentiated strengths of the Gwangyang Port hinterland complex, such as its excellent trade and logistics accessibility and the convenience of its port infrastructure.

In addition, they held meetings with five advanced materials companies and more than ten local companies in the food materials and cold chain sectors. During these meetings, they provided detailed information on the export and import logistics infrastructure and the investment environment of the Gwangyang Port hinterland complex, and explored potential investment opportunities.

Jung Hasu, Head of the Logistics Complex Department, said, "Through this investment attraction activity in China, we were able to actively promote the excellent investment conditions and export-import manufacturing logistics infrastructure of the Gwangyang Port hinterland complex. We will continue to pursue investment attraction activities with major countries, including China, and actively attract global companies that can contribute to a tangible increase in the export and import cargo volume at Gwangyang Port."