Ulsan City Selected as Final Site for 'Secondary Battery Specialized Complex'... Advancing as a Global Hub for Advanced Secondary Batteries

Ulsan has been finally designated as the ‘National Advanced Strategic Industry Secondary Battery Specialized Complex,’ raising expectations for its leap into a global advanced secondary battery hub city.

On the 20th, the Ministry of Trade, Industry and Energy held the ‘3rd National Advanced Strategic Industry Committee’ and reviewed and approved the ‘Designation of National Advanced Strategic Industry Specialized Complex (proposal)’ announced in February.

The government’s national advanced strategic industry specialized complexes were designated in three fields: ▲secondary batteries ▲semiconductors ▲displays.

Ulsan applied in the ‘secondary battery’ field in this competition, and six industrial complexes where 13 leading related companies are located were designated as the ‘Advanced Secondary Battery Specialized Complex.’

The 13 leading companies include ▲11 material-leading companies such as Korea Zinc ▲secondary battery leading company Samsung SDI ▲electric vehicle leading company Hyundai Motor Company.

The six designated industrial complexes are Onsan National Industrial Complex, Ulsan Mipo National Industrial Complex, Bancheon General Industrial Complex, Ihwa Industrial Complex, High-Tech Valley Industrial Complex (phases 1, 2, and 3), and Techno Industrial Complex.

The expected effects of this secondary battery specialized complex designation are analyzed as ▲production inducement of KRW 22.6906 trillion ▲added value of KRW 6.3533 trillion ▲employment of 70,454 people, and it is expected to have a positive impact on the national economy in the long term.

Accordingly, Ulsan City will actively promote the ‘National Advanced Strategic Industry Secondary Battery Specialized Complex Development and Support Project’ with the vision of ‘leaping into a global industrial hub city for high-energy density and next-generation secondary batteries.’

The project plan aims for ▲battery production of KRW 62 trillion ▲exports of USD 11.4 billion ▲corporate investment of KRW 11.3453 trillion by 2030, and consists of five strategic tasks and 13 core detailed projects.

The five strategic tasks are ▲establishment of support infrastructure ▲research and development ▲creation of a complex cooperation zone ▲establishment of a cooperation system between material/component companies and battery manufacturing companies ▲regulatory and institutional improvements.

The project budget totals KRW 500.68 billion (national funds KRW 309.86 billion, city funds KRW 186.2 billion, private funds KRW 4.62 billion).

Kim Doo-gyeom, Mayor of Ulsan, is holding a press conference at the City Hall Press Center on the 20th, explaining the selection of the secondary battery specialized complex.

Kim Doo-gyeom, Mayor of Ulsan, emphasized, “Ulsan is the optimal place to foster the advanced secondary battery industry in connection with existing core industries with world-class technology,” adding, “As the industrial capital of Korea, we will become a global advanced secondary battery hub based on a different level of industrial infrastructure.”

Ulsan City is continuously discussing cooperation plans to attract Samsung SDI’s ‘advanced secondary battery production facilities.’ Also, Hyundai Motor Company, the final consumer of advanced secondary batteries, is establishing the nation’s first ‘electric vehicle dedicated production plant’ in Ulsan.

Accordingly, once Samsung SDI’s ‘advanced secondary battery production facilities’ investment is realized, Ulsan City will have the nation’s highest-level ‘full-cycle advanced secondary battery supply chain’ from raw materials → materials → battery manufacturing → electric vehicles.

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