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Gwangyang Bay Area Free Economic Zone Authority

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GFEZ, an ideal investment in NE Asia

Gwangyang Bay Area Free Economic Zone offering great investment opportunities
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POSCO Terminal CTS

Current Status of the Gwangyang Port Container Pier Construction Project

Progress so far
  • LocationHwanggeum, Hwanggil, and Doi-dong in Gwangyang-si (area 6.17㎢)
  • Scale25 berths (5 50,000-ton class, 20 20,000-ton class) - 8.85 million TEU/year
  • ImplementerMinistry of Oceans and Fisheries, Yeosu Gwangyang Port Authority
  • Main functionLoading-unloading and storage of container cargo

Progress so far

  • In operation

    16 berths (12 120,000-ton class, 4 20,000-ton class) / Processing capacity: 3.84 million TEU

    - General pier 4 berths (50,000-ton class))

    · 1, 2, 3, 4 berth general pier (designated as a 4-berth marine industry cluster district)

    - 12 berths at container pier (80,000-ton class, 4 20,000-ton class)

    · Stage 2-1 4 berths (2 50,000-ton class, 2 20,000-ton class)

    · Stage 2-2 4 berths (2 50,000-ton class, 2 20,000-ton class)

    · Stage 3-1 4 berths (50,000-ton class) * Cargo volume: 2.15 million TEU in 2020 (2.37 million TEU in 2019)

  • Partially completed

    Stage 3-2, 4 berths (3 50,000-ton class, 1 20,000-ton class)

    - completion of the lower part (Jan. 2017) and of the construction of the yard (Jan. 2018)

    - Conversion to automobile wharf after completion of yard construction due to insufficient container traffic compared to handling capacity (automatic wharf conversion in the future)

  • Long-term plan

    5 berths for stage 3-3 (50,000-ton class) / KRW521.7billion

    - Sep.‘16: Announcement of change to district for port facility installation (Ministry of Oceans and Fisheries)

Future plans

Future plan26. 12. Complete construction of Phase 3-2 (automobile pier → automatic pier conversion)
Future plan 3-3 stage 5 berths are set aside as a district where port facilities are to be installed in order to respond flexibly to changes in future cargo volume conditions.
1100, Indeok-ro, Gwangyang-eup, Gwangyang-si, Jeollanam-do, Republic of Korea (57741) Phone 061-760-5114, 5223

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