Ulsan Free Economic Zone Authority Operates 'Foreign Investment Week in Ulsan' ... Preparing for Investment Attraction Post-COVID

Held Over 10 Video Conferences and Business Consultations, Aggressively Promoting Attraction of Hydrogen Companies and Others

Earlier this year, the Ulsan Technopark Hydrogen Fuel Cell Demonstration Center hosted a meeting on the innovative growth of the hydrogen industry in the Ulsan Free Economic Zone.
[Image source=Yonhap News]

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Marketing projects to attract foreign investment are actively underway in the Ulsan Free Economic Zone.

The Ulsan Free Economic Zone Authority (Director Cho Young-shin) announced on the 19th that it conducted investment attraction activities for the Ulsan Free Economic Zone through more than 10 video conferences and corporate consultations during the 'Foreigners' Ulsan Investment Week.'

This 'Foreigners' Ulsan Investment Week' (June 10?17) was planned as part of the 'K-New Deal Investment Attraction Initiative' and the 'Korea-EU Green Connection' projects, hosted by the Ministry of Trade, Industry and Energy and KOTRA, targeting domestic and overseas K-New Deal sector companies and European hydrogen companies to attract foreign enterprises through online consultations.

Starting June 16, at the 'K-New Deal' event, the Ulsan Free Economic Zone Authority was invited as a newly established free economic zone authority along with the Gwangju Free Economic Zone Authority, conducting promotional activities and one-on-one consultations with participating companies.

On the first day, June 16, they held online consultations with Company A, a German sensor manufacturer, and on June 17, with Company B, a Canadian hydrogen water electrolysis-related company.

Additionally, on June 17, during the 'Korea-EU' event, the Ulsan Free Economic Zone Authority conducted promotional activities targeting European hydrogen industry companies.

The online consultations will continue until the 25th, and currently, they are coordinating schedules for future consultations with Company C (hydrogen production) and Company D (wind power, hydrogen, solar power generation), which have shown interest in investment.

Earlier, on June 10, the Ulsan Free Economic Zone Authority was invited to a 'Clean Hydrogen Day' webinar hosted by Linde, connected through the 'Relay Visit to Companies in the Seoul Metropolitan Area' conducted in April, exchanging information on the hydrogen economy and discussing future directions with leading green hydrogen companies.

Also, on June 15, invited by Orens, the Belgian Investment and Trade Counselor who visited the Ulsan Free Economic Zone Authority in March, they participated in the 'Belgium-Korea, Transition to Sustainable Energy' seminar jointly hosted by the Belgian Embassy and the Korea Hydrogen Industry Association, sharing information on Belgium's hydrogen industry and major companies.

A Ulsan Free Economic Zone Authority official stated, "We have entered full-scale foreign investment attraction activities through Foreigners' Ulsan Investment Week. We will strive to achieve investment attraction results in a short period after COVID-19."

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