Southeastern Maritime Industrial Region
Encyclopedia
The Southeastern Maritime Industrial Region, centered around the harbor cities of Busan
Busan
Busan , formerly spelled Pusan is South Korea's second largest metropolis after Seoul, with a population of around 3.6 million. The Metropolitan area population is 4,399,515 as of 2010. It is the largest port city in South Korea and the fifth largest port in the world...

 and Ulsan
Ulsan
Ulsan , officially the Ulsan Metropolitan City, is South Korea's seventh largest metropolis with a population of over 1.1 million. It is located in the south-east of the country, neighboring Busan to the south and facing Gyeongju to the north and the Sea of Japan to the east.Ulsan is the...

, is the Republic of Korea's second largest metropolitan area in terms of population and is the second-most developed region as well. It is also an industrial region
Industrial region
Industrial region or industrial area refers to a region with extremely dense industry. It is usually heavily urbanized.-Brazil:*ABCD Region, sometimes called ABC is an industrial region made up of seven municipalities with the greater metropolitan area of São Paulo, Brazil.-Korea:*Kaesŏng...

 for shipbuilding, international trade, and heavy industries, such as car making and chemical producing.

Industries

The Southeastern Maritime Industrial Region, as mentioned above, is one of South Korea
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...

's chief industrial centers. Only the Capital Metropolitan Area, located around Seoul
Seoul
Seoul , officially the Seoul Special City, is the capital and largest metropolis of South Korea. A megacity with a population of over 10 million, it is the largest city proper in the OECD developed world...

, is more advanced. This region began to grow as an international center for commerce and industrial power in the late 1970's, during which the South Korean government began to introduce national development plans to spur the South Korean industry. The results were shocking: within a decade, small fishing wharfs like Busan
Busan
Busan , formerly spelled Pusan is South Korea's second largest metropolis after Seoul, with a population of around 3.6 million. The Metropolitan area population is 4,399,515 as of 2010. It is the largest port city in South Korea and the fifth largest port in the world...

 and Ulsan
Ulsan
Ulsan , officially the Ulsan Metropolitan City, is South Korea's seventh largest metropolis with a population of over 1.1 million. It is located in the south-east of the country, neighboring Busan to the south and facing Gyeongju to the north and the Sea of Japan to the east.Ulsan is the...

 grew into densely populated cities with over two million people each. Meanwhile, industries like car manufacturing and shipbuilding, never heard of before in South Korea, progressed ahead with ferocious speed.

Today, the Southeastern Maritime Industrial Region is made up of several industrial cities, all with a special local industry. Ulsan, Geoje, and Busan, all major international ports, especially the latter, which is the world's third largest trading harbor in terms of total cargo volume, specialize in car manufacturing and shipbuilding. For instance, in 1999, Korean shipbuilding companies based here, such as Hyundai
Hyundai
Hyundai ) is a global conglomerate company, part of the Korean chaebol, that was founded in South Korea by one of the most famous businessmen in Korean history: Chung Ju-yung...

 Heavy Industries, Daewoo
Daewoo
Daewoo or the Daewoo Group was a major South Korean chaebol . It was founded on 22 March 1967 as Daewoo Industrial and was dismantled by the Korean government in 1999...

 Shipbuilding and Marine Engineering, and Samsung
Samsung
The Samsung Group is a South Korean multinational conglomerate corporation headquartered in Samsung Town, Seoul, South Korea...

 Heavy Industries overtook Japanese
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...

 shipbuilding firms as the world's best (http://joongangdaily.joins.com/200411/07/200411072156150779900090509051.html). Especially in Ulsan, where heavy industries make up most of the city's revenue, Hyundai Auto and other automobile companies are slowly taking leading positions in the global society.

In other cities, such as Pohang
Pohang
Pohang is a city in North Gyeongsang Province, South Korea, and a main seaport in the Daegu-Gyeongbuk region. The built-up area of Pohang is located on the alluvium of the mouth of the Hyeongsan River...

 and Changwon
Changwon
Changwon is a city in and the capital of Gyeongsangnam-do in South Korea. Changwon city is 8th most populous city in South Korea, with a 2010 established population of 1,089,039. It encompasses a land area of on southeastern of South Korea. The population of Southeastern part of Korea, that...

, steel and oil refining is particularly advanced. Pohang itself is the seat of POSCO
POSCO
POSCO is a multinational steel-making company headquartered in Pohang, South Korea. It is the world's third-largest steelmaker by market value and the most profitable Asia-based steelmaker....

, the Korean steel giant, while Changwon is the capital of South Gyeongsang Province. Finally, in Gimhae and Gyeongju, tourism is very popular, as Gyeongju was the ancient capital of the Silla
Silla
Silla was one of the Three Kingdoms of Korea, and one of the longest sustained dynasties in...

 Kingdom, while Gimhae was the capital of the Gaya
Gaya confederacy
Gaya was a confederacy of territorial polities in the Nakdong River basin of southern Korea, growing out of the Byeonhan confederacy of the Samhan period.The traditional period used by historians for Gaya chronology is 42–532 CE...

 Kingdom and is home to Gimhae International Airport
Gimhae International Airport
Gimhae International Airport is located on the western end of Busan, South Korea. It opened in 1976. A new international terminal opened on October 31, 2007. Gimhae International Airport is the main hub for Air Busan...

.
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