South Korea has revealed that it plans to grow the country''s industrial
and logistics infrastructure by developing eight of its ports.
The country''s Ministry of Oceans and Fisheries has revealed that 30
million square meters of seaport hinterland will be developed by 2030.

It will invest in the ports located in Busan, Incheon, Gwangyang,
Pyeongtaek-Dangjin, Ulsan, Pohang, Mokpo and Masan.

In December 2017, the Port of Busan reached 20 million TEU for the
first time, making it the fifth-largest port in the world.

An increase in shipments of semiconductors, machinery and
petrochemicals recently pushed South Korea’s exports to their highest
level in at least six decades.