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South Korea plans Fashion Business Centre in Busan to revamp textile industry

Fashion Design
Image Courtesy: iifd.in

A fashion business centre will be set up in Busan, the second-most populous city after Seoul in South Korea in order to help textile and fashion industry grow.

The six-storeyed Busan Fashion Business Centre will be set up by the Busan Municipal Government with an investment of US $ 2.8 million from the South Korean Government in the central region of the city. The Centre will cover a space of 1,613 square metres of land in Beomil-dong.

Thousands of clothing shops and sewing companies are located in several traditional markets in Beomil-dong.

The proposed Fashion Business Centre in Busan, the birthplace of textile industry in South Korea, will serve as a “one-stop control tower” for the textile industry in the port city.

The textile industry will be offered assistance in the design, manufacture and marketing of clothing and other fashion items from this upcoming centre. The textile sector has been vital in the country’s rapid growth in the past.

Busan Fashion Creative Studio (BFCS), launched in 2015, will also be expanded by the Government. The primary aim of BFCS is to offer creative space and consulting support, mentoring and promotion and marketing programs to fashion designers. A team of 20 designers are currently being supported by this studio.

“We are determined to help the region emerge as the centre of the city’s textile and fashion industry by making it the place specialising in 21st century sewing and fashion, total fashion and jewellery fashion,” an official said.