Policies

May 14, 2015

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Korea and Colombia are now cooperating on developing container terminals, ports and intelligent transportation systems.

The Ministry of Ocean and Fisheries decided to conduct a business feasibility study on the Port of Buenaventura, Colombia's second biggest harbor located on the Pacific shore. The ministry will inspect the port and its surrounding areas to establish a master plan, part of the two countries' bilateral cooperation on developing container terminals, the ministry announced on May 8.

The ministry signed a memorandum of understanding (MOU) with Colombia in December 2014 agreeing to create a basic development plan for Buenaventura. The ministry has now contracted the drawing up of a development plan as a follow-up measure.

 The Port of Buenaventura is located on Colombia's Pacific coast.

The Port of Buenaventura is located on Colombia's Pacific coast.


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(Top) The section of the port in Buenaventura targeted for development is marked with a red dotted line. (Bottom) An aerial view of the Port of Buenaventura.

(Top) The section of the port in Buenaventura targeted for development is marked with a red dotted line. (Bottom) An aerial view of the Port of Buenaventura.



As part of the project, the ministry will study current conditions at the harbor, including its cargo volume, select a location at the harbor and estimate the size of the area to be developed. It will also establish a basic development plan, including a ground plan, measure expected environmental effects, conduct economic and financial feasibility studies and then present its policy proposals.

The ministry also intends to form a bilateral private-public working-level committee within the year and monitor the project's progress. It will advise Colombia on how to raise capital after the building of the port and execute the harbor development plan so that Colombia's intention to develop its harbor can actually bear fruit.

Separately, the Ministry of Land, Infrastructure and Transport is currently hosting a workshop for civil servants from Colombian on Korea's intelligent transportation systems (ITS). The workshop, held from May 10 to May 24, is designed to share technology and know-how about ITS. The system develops and uses real-time traffic information utilizing advanced technologies related to electronics, information and communications and control.

Civil servants from Colombia participate in a workshop on Korea's intelligent transportation systems.

Civil servants from Colombia participate in a workshop on Korea's intelligent transportation systems.


The workshop is designed to help major cities in Colombia establish a well-organized traffic management system that uses advanced information technology. The ministry will continue to host the workshop for Colombian civil servants specialized in ITS over the next two years.

Fifteen civil servants from Bogota, Medellín and Barranquilla are taking part in the workshop and learning about Korea's ITS. They will have a chance to compare it to Colombia's ITS and visit the Busan traffic information center. In addition, they will have a chance to gain knowledge about how to introduce an ITS, learn about how one is operated and study the use of transportation cards and public transportation in general. There will also be introductions to "smart highway" technologies.

By Limb Jae-un
Korea.net Staff Writer
Photos courtesy of the Ministry of Land, Infrastructure and Transport, the Ministry of Ocean and Fisheries
jun2@korea.kr

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