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Launch ceremony for Public-Private Joint K-Logistics TF and a meeting with CEOs from logistics companies (February 4, 2025)
Date
2025.02.18.
Hit
872
The Ministry of Oceans and Fisheries (MOF; Minister Kang Do-hyung) held the “Launch Ceremony for the K-Logistics Task Force (TF) and Meeting with Logistics Company CEOs” together with the representatives of major logistics companies and the heads of related public organizations at the Lotte Hotel in Seoul on Tuesday, February 4. Uncertainty in the global logistics market has increased recently due to the accelerated relocation of major companies’ production bases in Eastern Europe and Latin America, as well as the expansion of protectionism. Accordingly, global logistics companies are rushing to prepare strategies aimed at securing a stable local logistics infrastructure while closely monitoring market changes. The MOF formed a public-private joint K-Logistics TF and discussed ways and means of building a global logistics supply chain with Korean companies in order to respond to these market changes proactively. Following the TF’s launch ceremony, discussions will be held on analyzing crisis and opportunity factors arising from the restructuring of global logistics supply chains, support measures for the overseas expansion of Korean companies, and cooperation between major logistics companies and overseas logistic support organizations such as the Korea Ocean Business Corporation (KOBC) and the Busan Port Authority (BPA). The MOF plans to convene the TF on a regular basis in order to share key investment information, including logistics market trends and local real estate data. It will also provide one-stop solutions, from the provision of information to local investment support, such as linking fund matching and joint investments between the private and public sectors.