Ulsan is home to many global enterprises including Hyundai Heavy Industries Co, Hyundai Motor Company & SK group. The city provides diverse business opportunities serving as a key production base for the vast consumer market in East Asia.

Its superb business climate , characterized by extensive industrial foundation, logistical infrastructure, guaranteeing just-in-time supply and distribution, excellent human resources and clean urban environment , is shaping Ulsan into one of the investment destinations in Korea.

Moreover ,Ulsan offers various and practical incentive packages and tailor-made support to investors with task forces dedicated to individual investors.

Ulsan will be your preferred partner and investment destination.

Hub port for international industrial logistics in the 21st century :As the largest industrial and logistics port in Korea and located at the southeastern part of the Korean Peninsula, Ulsan Port is the fourth largest liquid logistics port in the world. It has established its strong status as Northeast Asia liquid cargo hub port along with Korea’s largest industrial complex and a large-scale liquid cargo storage facility in its outer regions. It handles various different types of cargo including steel, metal, machinery and wood and 34 percent of the domestic cars and 33 percent of ships are exported through Ulsan Port. To date, Ulsan Port has a berthing capacity of 115 ships and a handling capacity of 71 million tons of cargo while the port handling capacity reached an annual 202 million tons last year. When Ulsan New Port, currently under construction, is completed in 2020, Ulsan Port will have a berthing capacity of 132 ships, an annual handling capacity of 89 million tons of cargo and an annual port handling capacity of 253 million tons. Ulsan will grow as one of the four oil hubs in the world following the Amsterdam-Rotterdam-Antwerp (ARA) region in Europe, Houston in USA, and Singapore in Asia.

KTX Ulsan Station Area : Ulsan Techno Industrial Complex  : Strong Foundation : Strong Foundation: Located near Gyeongbu Expressway West Ulsan IC, the KTX Ulsan Station Area will become a new place where people, capital and technologies are integrated, as an important traffic hub and center of logistics and distribution once the development projects of establishing Exhibition and Convention Center and Complex Transfer Center are complete.

Ulsan Techno Industrial Complex : Ulsan Techno Industrial Complex is a future-oriented, cutting-edge industrial complex where production and research functions meld. Its green energy parts and materials production and research facilities are fostered to advance traditional major industries such as automobile, shipbuilding and marine and chemical industries, to nurture creative industry and to establish its R&D infrastructure.
The Complex is located in the downtown with good accessibility, and is close to national industrial complexes including Ulsan Mipo and Onsan. It will play the role as Ulsan-style Sillicon Valley by creating Ulsan Industry-University Convergence Campus in the Complex.

Ulsan High-Tech Valley : Strong Foundation High Tech Valley is located in the southeastern part of the country and accessible to Busan and Pohang. It will create a cooperative network with Samsung SDI and serve as a base for the growth industries of the future including semiconductor, electric, electronics and new material.

World’s 5th largest automotive manufacturing, World Number 1 in Shipbuilding & Marine Output & the world’s 5th largest petrochemical output.

New growth engine industries :Battery industry :Samsung SDI secondary batteries for IT and automotive application, Plants for Hanhwa chemical’s Cathode materials for Lithium-ion secondary battery and solar cells Solvay Flour Korea Co., Ltd.’s electrolyte additive plant

Energy industry : Northeast Asia oil hub with the capacity of 30 million barrels , Energy-related public institutions (Korea National Oil Corporation, Korea Energy Management Corporation and Korea Energy Economics Institute) moving to Ulsan Establishment of an Ulsan branch of Korea Institute of Energy Research.

Automotive sector : Around 260 auto-related companies located in Ulsan produce more than USD 36 billion a year along with the world’s largest automobile plant of Hyundai Motors, which produces 1.55 million cars a year, and leading bus maker, Daewoo Bus Corp. Ulsan accounts for more than 21 percent of the nation’s car production and exports USD 20.5 billion yearly, becoming the world’s 5th largest automobile city. Also, through the Green Car Technology Center that was completed in 2016, the city is actively developing eco-friendly cars such as EVs, hybrid cars and hydrogen fuel cell cars to reinvent itself as a core base for the electric car industry. It became the first city in Korea that produced hybrid cars in 2009 and again became the first city in the world to commercialize a hydrogen fuel cell vehicle in 2013, exporting them to European nations such as Denmark and making Ulsan a leading city in the production of technology-intensive cars.

Petrochemical Industry : Korea is the world’s 5th largest chemical production country. Ulsan accounts for around 35 percent of Korea’s total production, and 203 companies in Ulsan recorded KRW 135 trillion in production, the biggest scale among the city’s three major industries, and USD 45.3 billion in export in 2013, accounting for 40 percent of the nation’s chemical industry. Ulsan is home to Asia’s largest chemical industrial complex (2.4 billion ㎡) as well as some of the leading chemical companies in the world such as SK Energy, S-oil, Solvay, Eastman, Rhodia, Bp, Mobil and Dupont. In addition, Ulsan will realize its vision to become Asia’s top advanced chemical industry city by 2030 through building national research centers and R&D facilities including Ulsan Fine Chemical Industry Center, Ulsan New Chemical Commercialization Center of Korea Chemical Research Center, and Biochemical Commercialization Center, and developing new industries in biochemistry, fine chemistry, and nanochemistry.

Shipbuilding & Marine Industry : The shipbuilding & marine industry in Ulsan recorded USD 980 billion in orders in 2013. The industry also accounts for 33% of Korea’s total production, making Ulsan the largest shipbuilding & marine city in the world. Hyundai Heavy Industry, the world’s largest shipbuilder, and Hyundai Mipo Dockyard, the world’s 5th largest shipbuilder, are located in Ulsan. HHI is sited on an area of 6.04 million ㎡ with a production capacity of an annual 9,200 thousand GT. HMD can produce 1,191 thousand GT a year, allowing it to be the 5th largest in the world in terms of production volume. Ulsan will strive to become the most powerful shipbuilding & marine country in the world by developing FPSO, LNG, and shale gas carriers in the future.

Battery Industry : Ulsan is fostering the battery industry as a new growth engine. Ulsan drew a blueprint for becoming one of the world’s best base cities for the battery industry as Samsung SDI, which represents the secondary cell industry of Ulsan, accounts for 21 percent of the world’s lithium-ion battery market and has maintained the top position in the market since 2011, Hyundai Motors became the first company in the world to establish a mass production system for hydrogen fuel cell vehicles and the world’s largest scale hydrogen town is in the process of establishment; the world-famous Solvay established a manufacturing plant for a lithium-ion battery electrolyte additive in Ulsan; and following the construction of an eco-friendly battery fusion demonstration complex in 2019, Ulsan will become a world leader in the battery industry.

Energy Industry : The energy industry of Ulsan will make a new leap forward as the Donghae-1 gas field offshore of Ulsan produces 1,000 tons of LNG a day and 700 barrels of ultra light oil; as the Northeast Asia Oil Hub Project worth 3 billion barrels of oil gets underway; the Korea Institute of Energy Research builds an Ulsan branch; a hybrid energy R&D complex is established; and energy related public institutions including Korea National Oil Corporation, Korea Energy Management Corporation, and Korea Energy Economics Institute move to Ulsan.

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