A Strategic Model for a Northeast Asian Logistic Hub in Korea

Ha, Hun-Koo

doi:10.24006/jilt.2003.1.1.145

J. Int. Logist. Trade 2003; 1(1):145-165

pISSN: 1738-2122, eISSN: 2508-7592

DOI: https://doi.org/10.24006/jilt.2003.1.1.145

ARTICLE

A Strategic Model for a Northeast Asian Logistic Hub in Korea

Hun-Koo Ha ^*

Author Information & Copyright ▼

¹Korea Transport Institute

^*Corresponding author: Research Fellow and Director, Center for Logistics, Transport Economics & Northeast Asian Studies, The Korea Transport Institute, Seoul, Korea. Tel: 031)910-3147, E-Mail: hha@koti.re.kr

© Copyright 2003 Jungseok Research Institute of International Logistics and Trade. This is an Open-Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/4.0/) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.

Published Online: Dec 31, 2003

ABSTRACT

The objective of this study is to present a successful strategy to promote Korea as the logistics hub of Northeast Asia. Firstly, we introduce the necessity of a logistic hub strategy for Korea. In order to develop a successful strategy, we consider the ‘free trade zone’ model of the Netherlands and China. We develop a realistic and suitable model for Korea based on this ‘free trade zone’ model. Our proposal for a successful logistic hub strategy for Korea is the fulfillment of the following six objectives: 1) security of market accessibility, 2) improvement of the logistic system, 3) improvement of the education system, 4) improvement of the tax system, 5) assurance of labor market flexibility, and 6) development of an appealing living environment for foreigners.