Ulsan, the Energy Hub in Northeast Asia hosted its 2019 Ulsan Investment Briefing in partnership with ECCK(The European Chamber of Commerce) for a total of about 50 promising investors from home & abroad at a downtown Hotel Seoul on May 29th morning.
First off regarding its Foreign Direct Investment in Ulsan, Ulsan City promoted that 8.9 billion dollars were invested by 166 foreign companies. As regarding “Why Ulsan?”, its Future Industry Director General Mrs. Kim Mi-kyung names its optimal location, optimal logistics, affluent industrial utilities, ideal environment such as excellent HR, state-of-the-art R&D, and last but not least its future-orented leading city for futuristic green cars, 3D printing industry hub and Genome-based BioHealth, to name just a few.
In terms of hydrogen economy in Ulsan, Ulsan’s 10 projects include supply chain & recharing stations, hydrogen specialist, hydrogen promotion agency, safety for hydrogen products, global hydrogen industries, manufacturers to build hydro-electric cars, Ulsal Valley for convergence & integration, companies specialized in hydorgen economy and material parts, more supply for hydro-electric vehicle, and manufacturing & storage capacity.
For reference, Ulsan’s vision by 2030 to become the world’s top hydrogen-powered city encompasses annual hydrogen production: 800,000 tons, world’s 1st mass production of hydroelectric vehicles, and build & operate the world’s largest hydrogen-powered town etc.
Prospective locations for FDI in Ulsan include hinterland of Ulsan Port, JangHyun Urban Advanced Industrial Complex, High Tech Valley Industrial Complex, and Energy Industrial Complex etc.