The marine city of Busan is spotlighted as a leading international resort destination that provides both luxury experience with a cluster of 5-starhotels along the coast and the unique culinary culture with various regional ingredients. Busan is the central city of the greater metropolitan economy of10 million population, including the surrounding Ulsan and Gyeongsangnam-do area.The same city is ranked as one of the world's 5 busiest ports along with Shanghai, Singapore, and Hong Kong, and drives Korea's manufacturing industries in logistics, shipbuilding, and machinery. The opening of the new international airport will further accelerate Busan's potential as a new international hub in Asia.
Korea is rising as the new art hub in Asia with its rich pool of experienced and enthusiastic collectors and market-favoring conditions, including convenient customs process and import tax and VAT exemptions, drawing key galleries and institutions each year.
