Region
Busan
WatchKorea's second city and largest port; the centre of the shipbuilding equipment and marine-services supply base, and of the Southeast industrial belt with Ulsan and Geoje.
Standing view
The desk's standing view: Busan is where European marine-equipment suppliers land in Korea, and the city's supply base is short of exactly the green-fuel and electrical systems that European firms make. The port authority and the city's industrial promotion bodies are receptive to European supplier arrangements in a way Seoul's institutions are not.
Any European shipbuilding-supply file should start in Busan, not Seoul.
On the desk
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