Ulsan City Provides Testing and Certification Cost and Technical Support for Shipbuilding and Marine SMEs

[Asia Economy Yeongnam Reporting Headquarters Reporter Ju Cheol-in] Ulsan City will provide support for testing and certification costs and technical assistance in the shipbuilding and marine sectors, which are facing difficulties due to export regulations and the novel coronavirus disease (COVID-19).

On the 27th, Ulsan City announced that it will implement a support project for Korean Accreditation System (KOLAS) certification of shipbuilding and marine equipment for small and medium-sized enterprises (SMEs) and mid-sized companies in collaboration with the Ulsan Information Industry Promotion Agency and the Korea Testing & Research Institute (KTR).

The support scope covers nine areas including quality consulting in software, issuance of KOLAS-accredited test reports for export, overseas company witnessing tests, issuance of special service reports for overseas demand, certification of special material performance, on-site testing and evaluation, damage and corrosion cause assessment, among others. Support covers a minimum of 40% and up to 30 million KRW of testing costs per company.

Since the project started in 2017, the city supported 44 companies with 2,064 cases and 240 million KRW in testing and certification costs last year.

In particular, Hyundai RB Co., Ltd., a shipbuilding equipment manufacturer, achieved overseas orders worth 8.2 billion KRW through support for extreme environment corrosion test certification of shipbuilding equipment in the Middle East. Plant specialist company Hantech Co., Ltd. succeeded in overseas orders worth 150 billion KRW from BAPCO (Bahrain Petroleum Company) and others, making it an exemplary case of the support project.

Applicants must be SMEs or mid-sized companies registered in Ulsan and can apply throughout the year. The project may close early if the budget is exhausted.

Supported companies are selected within two weeks after application through a project selection evaluation. Priority is given to companies with potential for domestic and overseas sales or job creation.

Applications can be submitted by filling out the application form on the Korea Testing & Research Institute website and then visiting the KTR Ulsan office or sending it by mail or email.

This content was produced with the assistance of AI translation services.