Busan New Port Back-road II

Busan New Port Back-road II

Locations

Type

Road

Status

Completed

Total Reported Cost

547.0 billion KRW

Initiatives

Start Date

Sept. 2004

Start of Construction

July 2012

Planned Completion Date

Jan. 2017

Funders

Source(s) Amount
547,000,000,000 KRW

Description

This new backroad connects the Busan New Port to the Namhae Expressway, and will serve to establish a wider transportation system to improve the status of Busan New Port as a Northeast Asian logistics hub. It also aims to reduce logistics cost and improves the accessibility of the port.