Ulsan City, HD Hyundai Heavy Industries, and BNK Ulsan Gyeongnam Bank Join Forces to Support Settlement of Foreign Workers

Joining Forces to Support the Settlement of Foreign Workers for a Prosperous Ulsan
Regional Coexistence Agreement for Foreign Worker Support Signed on September 24

Ulsan City is joining forces with HD Hyundai Heavy Industries and BNK Ulsan Gyeongnam Bank to support the stable settlement of foreign workers and promote coexistence within the local community.

On September 24 at 3:30 p.m., the city will sign a "Financial business agreement for supporting the settlement of foreign workers in the region" with HD Hyundai Heavy Industries and BNK Ulsan Gyeongnam Bank in the main conference room on the second floor of Ulsan City Hall.

The signing ceremony will be attended by Ulsan Mayor Kim Dookyum, HD Hyundai Heavy Industries CEO Noh Jinyul, and BNK Ulsan Gyeongnam Bank President Kim Taehan.

Ulsan City expects that this agreement will establish a systematic and continuous foundation for collaboration to support foreign workers.

Under the agreement, HD Hyundai Heavy Industries will help newly arrived foreign workers adapt quickly by providing educational spaces, conducting surveys and analyses of foreign worker needs, and hosting citizen-participatory cultural events.

Starting in October, BNK Ulsan Gyeongnam Bank will operate a dedicated center for foreigners. The bank will also develop and offer financial products tailored to foreign workers, and support their financial stability by providing education on safe financial transactions.

Ulsan City plans to establish and operate a "Foreign Worker Support Center" in the first half of 2026, offering customized education and counseling services. In addition, the city will build a cooperative network to develop local economic, cultural, and tourism services that promote coexistence, aiming to help foreign workers adapt to the community and revitalize the local economy.

Mayor Kim Dookyum stated, "Although there are various perspectives on foreign workers, they are also members of Ulsan and Ulsan citizens. The city, together with the public and private sectors, will serve as a reliable support for foreign workers and work toward creating a city full of coexistence and hope, where everyone prospers together."

Ulsan City Hall.

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