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Busan Yard
Gwangyang Yard
Shipbuilding Business
 
 
 
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Busan Yard
 
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Overview
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Competitive Strength of Busan Location
Lower labor costs compared to other shipbuilding cities
- Comparison chart of regional labor costs based on Busan Yard’s numerical index at 100.
Busan Ulsan Geoje Mokpo Gwangyang
Labor cost index 100 120 125 125 110
- Minimization of outsourcing and assurance of production quality in block manufacturing through cooperation with Gwangyang Yard.
In the vicinity of Busan Port and Gimhae International Airport
Easiness of procuring excellent and experienced work forces
- Since Busan is the start of Korea’s shipbuilding industry, a lot of high-quality HR and specialized production labors are available around the city.
Higher availability of raw-materials and equipments
- Raw materials and equipments industries for shipbuilding are well developed around Busan and Kyungnam-Providence.
- Noksan National Industrial Complex.
 
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