# Economic and tourism development in Gyeongsangbuk-do

> Live situation record from CLSTR: https://clstr.news/situations/economic-and-tourism-development-in-gyeongsangbuk-do
> Updated: 2026-08-24T01:48:37.000Z. Sources: 4. Developments: 2.

Following the 2025 Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju, the Gyeongsangbuk-do provincial government and Gyeongju City released a comprehensive white paper and photo book. These documents archive the summit’s preparation, infrastructure development, and economic outcomes.

Building on regional development, Gyeongsangbuk-do, Gyeongju, and Gyeongsan have been selected for the ‘2026 K-Beauty Export Hub Project’ led by the Ministry of SMEs and Startups. This initiative, funded with 6.65 billion KRW through 2028, aims to integrate regional tourism with the cosmetics industry. The project will establish consumption hubs in Gyeongju to leverage foreign tourist interest, while Gyeongsan will provide the industrial and research base to support product development and export logistics.

## Timeline

### 2026-08-24: Gyeongsangbuk-do to develop K-beauty export hub in Gyeongju and Gyeongsan

Gyeongsangbuk-do will invest 6.65 billion KRW through 2028 to transform Gyeongju and Gyeongsan into a K-beauty export hub, linking tourism with cosmetics research and production.

4 sources. https://clstr.news/cluster/gyeongsangbuk-do-to-link-tourism-and-cosmetics-for-k-beauty-export-hub

### 2026-07-29: Gyeongsangbuk-do Releases White Paper on 2025 APEC Summit

Gyeongsangbuk-do and Gyeongju released a white paper and photo book documenting the planning, execution and outcomes of the 2025 APEC summit in Gyeongju, praising the collective effort as a historical record.

3 sources. https://clstr.news/cluster/gyeongsangbuk-do-releases-white-paper-on-2025-apec-summit

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Cite as: Economic and tourism development in Gyeongsangbuk-do. CLSTR, https://clstr.news/situations/economic-and-tourism-development-in-gyeongsangbuk-do
