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BUSAN, SOUTH KOREA-Cushman & Wakefield has opened an office here, a second location in the country, and in the second-largest city, with a population of four million people in this southeastern province. The city is one of the world’s top five ports, and has a labor pool that includes workers experienced in information technology, manufacturing and human resources, as well as advanced logistics infrastructure.

A spokesman for the company tells GlobeSt.com that the city is regarded as South Korea’s new growth engine, and has been attracting a great deal of interest from foreign companies the past few years. “Our clients see a great future for Busan,” said David Choi, general manager of the new office, in a statement. He could not be reached for specifics on which clients.

Michael Thompson, CEO Asia Pacific for the company, said in the statement that the new office will serve local and global clients, and has easy access to Japan. “This addition to our presence in Asia is further evidence of our commitment to this rapidly growing area of the world,” Thompson said.

The company now has 31 offices in 15 countries in Asia, and included new locations this year in Goregaon, India and Ho Chi Minh City, Vietnam. “We expect to make more announcements of future Asian expansion soon,” the spokesman says.

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