BPA to issue port bonds next year

The BPA (Busan Port Authority) may issue port bonds to raise funds for port and hinterland construction next year.
According to the BPA, they are preparing to issue port bonds, and have received positive feedback from the government. BPA is investigating how the government reduces and exempts taxes for bonds buyers to issue port bonds with lower monetary rates than in other markets like the US.
In the case of the New York Port Authority, funds are used for construction and operation of hinterland roads, railroads and airports in addition to port related things.
An official at the BPA said, "Port bonds supply port construction funds without government support." He added, "We expect the government would decide favorably for tax reductions and exemptions because many advanced countries already operate that way."
He said, "We have another way to issue bonds in foreign funds, but there is the danger of exchange rates."