Ulsan Ulju-gun Attracts New Corporate Investment Worth 36.7 Billion KRW
Ulju-gun, Ulsan attracted companies wishing to make new investments within the district, resulting in a total investment of 36.7 billion KRW and the creation of 49 jobs.
On this day, Ulju-gun held a signing ceremony for companies wishing to make new investments within the district and a subsidy delivery ceremony for companies that have completed investments within the district at the Bidulgi Hall of the county office. The event was attended by County Governor Lee Soon-geol and representatives from each company.
First, three companies participated in the new investment agreement: Daewon ENM, Top IND, and YB Tech.
Daewon ENM, a machinery manufacturer, is investing 9 billion KRW in the Seosaeng Energy Convergence Industrial Complex and plans to newly employ 15 people.
Top IND and YB Tech are automobile parts manufacturers, both investing in the Eonyang Bancheon General Industrial Complex and planning to hire 17 new employees each. Top IND is investing 15.4 billion KRW, and YB Tech is investing 12.3 billion KRW.
According to the agreement, the three companies will invest a total of 36.7 billion KRW to revitalize the local economy and hire local talent. Ulju-gun will provide administrative support as needed to ensure the successful progress of the investment projects by the contracted companies.
Following this, Ulju-gun held a subsidy delivery ceremony for three companies that have completed investments within the district: TMC, KCM Tech, and Jeongsan Tech, providing a total subsidy of 2.13 billion KRW.
TMC, a newly established heat exchanger manufacturing company in the Seosaeng Energy Convergence Industrial Complex, invested 10.1 billion KRW and created 26 new jobs.
KCM Tech, a fiberglass manufacturer, invested 11.6 billion KRW, relocated and expanded to the Seosaeng Energy Convergence Industrial Complex, and hired 26 new employees.
Jeongsan Tech, an automobile parts manufacturer, invested 14.6 billion KRW to expand in the Ungchon Goyeon Industrial Complex and created 27 new jobs.
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County Governor Lee Soon-geol said, “Despite difficult economic conditions such as high interest rates, I thank the companies that actively invested in Ulju-gun,” and added, “We will continue to do our best to discover and support investment companies for the revitalization of the local economy and job creation.”
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