Busan has been made the largest free trade port in South Korea, after more territory was added to the existing Busan-Jinhae free economic zone (FEZ) in the country’s busiest container port.
The Ministry of Oceans and Fisheries (MOF) announced on 6 April 2020 that the container terminals of Busan New Port, and the adjacent hinterland, would be included in Busan-Jinhae FEZ. This will mean that the new Busan-Jinhae FEZ, which was originally designated in 2003, will have a total area of 12.2 million...
https://container-news.com/busan-jinhae-fez-expanded-with-busan-new-port/