KMI International Journal of Maritime Affairs and Fisheries
Korea Maritime Institute
Article

A study on Improving Interconnectivity of Regional Logistics Markets in the Era of the Pan Yellow Sea Region: From the Perspective of South Korea’s Chungnam Province

Sung-woo Lee*, Sung-jun Park**, Ju-mi Song***, Yong-pil Moon****, Hong-won Yi*****
*Korea Maritime Institute, first author
**Korea Maritime Institute, second author
***Korea Maritime Institute, third author
****The Bank of Korea, fourth author
*****Korea Maritime Institute, corresponding author, hongwon@kmi.re.kr

© Copyright 2021 Korea Maritime Institute. 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, 2014

ABSTRACT

Based on changing global economy and logistics environment, this study proposes strategy for regional logistics inter-connectivity improvement in terms of economic utilization of Chungnam Province. The study uses GL Index to find the specialty of logistics flows between Chungnam and China. The results are summarized as follows. First, Chungnam needs to upgrade its sea port functions to be a logistics center for China. Second, it needs to open and extend car-ferry route for China. Third, it should reinforce multi-modal transport system between Chungnam’s and China’s sea ports in the Yellow Sea Region. Fourth, it needs to establish automobile assembly cluster for China in its sea port hinterlands. Fifth, it needs to attract Chinese enterprises for promotion of supply chain management and so on. South Korean government and its local government should quickly carry out the proposed strategies for promoting its economic growth through positive effects from Chinese economic growth.

Keywords: Pan Yellow Sea Region; Chungnam Province; logistics center; Grubel-Lloyd Index; port; business model; supply chain management (SCM)