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๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Economy & Trade

Haeundae, Gyeongju selected as 'Global Tourism Special Zones' with 6 billion won investment over two years

From Hankyoreh · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

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  • Busan's Haeundae district and Gyeongju city have been designated as "Global Tourism Special Zones" by the South Korean government.
  • This designation is part of a national project to foster global tourism cities and aims to revitalize local economies.
  • The zones will receive 6 billion won (approximately $4.3 million) over two years for 11 projects, including brand development and tourism program enhancement.

Busan's Haeundae district and the historic city of Gyeongju have been selected as "Global Tourism Special Zones" by South Korea's Ministry of Culture, Sports and Tourism. This designation is part of the current administration's national agenda to cultivate world-class tourism destinations and combat regional decline.

The initiative aims to boost local economies by designating attractive areas and offering regulatory easing and financial support. Haeundae, already a designated tourism zone since 1994, will focus on developing an integrated brand, enhancing tourism programs along Dalmaji Road, and organizing night festivals. Other projects include creating day-trip tourism experiences, offering accommodation discounts, and establishing 24-hour multilingual tourist information centers.

Gyeongju, known for its rich historical heritage, also joins Haeundae in this designation. The selection process involved recommendations from non-metropolitan cities, with the ministry choosing two zones based on their potential for future integration and regional self-reliance.

Over the next two years, Haeundae will receive 3 billion won in national funding, supplemented by 900 million won from Busan city and 2.1 billion won from the Haeundae district, totaling 6 billion won for 11 specific projects. These funds will also support the implementation of intelligent CCTV systems and multilingual QR code guidance systems.

DistantNews Editorial

Originally published by Hankyoreh in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.