Kickoff Meeting for Strategic Planning Service of UAM Development Agency

Ulsan City has embarked on a strategic project to establish itself as a hub for the future transportation industry, Urban Air Mobility (UAM). The city is starting by setting up an industrial promotion organization.


On the 30th at 2 p.m., Ulsan City will hold a kickoff briefing for the "UAM Industry Promotion Organization Establishment Strategy" project in the situation room on the 7th floor of the main building.


The briefing will be attended by about 15 stakeholders from Ulsan City, Ulsan Information Industry Promotion Agency, Ulsan National Institute of Science and Technology, Konkuk University, and others from industry, academia, and research sectors. The session will include presentations on recent industry trends and the direction for establishing the promotion organization, followed by a Q&A. The project is being carried out by The Bridge Strategy Consulting Co., Ltd., with participation from local research institutes and companies, and is scheduled to continue until October.


The main contents include △ analysis of domestic and international environments △ strategies to attract headquarters of related organizations in the UAM industry △ phased expansion strategies through establishing branch offices of related organizations △ preparation of legislation for establishing a UAM industry promotion organization.


With the paradigm shift in transportation, UAM development and early market capture have emerged as key projects. Major countries worldwide are implementing various policies such as establishing dedicated organizations, improving legal systems, developing technologies and testing prototypes, and attracting new investments. The Korean government is also promoting large-scale national projects and preparing legal and institutional support frameworks.


In line with this, Ulsan City plans to accelerate its efforts by establishing strategies for the promotion organization to secure the headquarters of related organizations for the UAM Promotion Agency, develop expansion strategies through branch offices, and prepare plans for proposing and revising legislation.



An Hyo-dae, Deputy Mayor for Economic Affairs, stated, "It is time to start the project for establishing a promotion organization that will play a pivotal role in the development of the UAM industry," adding, "We will spare no support and effort to lead the future mobility market from Ulsan, the industrial capital."

Ulsan City Hall.

Ulsan City Hall.

View original image


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing