The 8th Ministry of Industry 'Communication Forum' to be Held in Ulsan

Government Introduces Development Policies for Local Era

Ulsan City Proposes Solutions to Regulations and Difficulties

Ulsan City and the Ministry of Trade, Industry and Energy will hold the 'Regional Economic Policy Ulsan Communication Forum' at 2 p.m. on the 27th in the main conference room of the Ulsan Information Industry Promotion Agency.

Oh Seung-cheol, Director of the Industrial Base Office at the Ministry of Trade, Industry and Energy, will introduce the recently announced regional development policies of the ministry and seek solutions through listening to field opinions and discussions on Ulsan City's current issues.

On this day, the ministry will explain regional policies such as the Opportunity Development Zone system, one of the four special zones in the local era, and regulatory innovation plans for industrial complexes.

In addition, Ulsan City will propose major issues to promote local investment, including △expansion of incentives for the Opportunity Development Zone and △tax reductions for the secondary battery industry.

Representatives from major local investment companies attending the meeting, such as Hyundai Motor Company and S-Oil Corporation, will request tax support to revitalize the advanced investment district around Hyundai Motor's electric vehicle plant and raise issues such as securing temporary parking lots and storage yards within the industrial complex, asking for central government attention and cooperation regarding difficulties encountered during investment projects.

Ulsan City’s Deputy Mayor for Economic Affairs, Ahn Hyo-dae, said, “For a successful local era, corporate investment must lead to quality jobs and population growth, so resolving obstacles that hinder corporate investment is of utmost importance.”

Deputy Mayor Ahn added, “We will focus on improving the investment environment that companies can feel through continuous communication with the Ministry of Trade, Industry and Energy and related ministries to resolve corporate difficulties.”

The Regional Economic Policy Communication Forum has been held in the form of regional touring meetings targeting 14 non-capital region cities and provinces since November last year, and Ulsan is the eighth city to host the event.

Ulsan City Hall.

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