• Business >
  • Invest in Ulsan >
  • Introduction of Ulsan

Introduction of Ulsan

Ulsan is a dynamic city leading the economic growth of Northeast Asia in the 21st century.

The strategic hub city of Northeast Asia

Ulsan, located in the southeastern coast of Korea, is a metropolitan city with a population of 1.2 million, GRDP per capita of USD 54,000, and a total area of 1,060㎢.

Ulsan, connecting the ocean and the continent, is a good place to advance both to the ocean and the continent. It takes less than two hours by airplane to get to major cities of East Asia such as Beijing, Shanghai, Hong Kong, Tokyo, and Osaka from Ulsan.

The industrial capital of Korea, Ulsan

Ulsan, one of the four industrial cities of Asia, accounts for 12.5% of the total industrial output of Korea with exports of about USD 65.2 billion.

Its automobile, shipbuilding, and petrochemical industries form Korea’s best industrial cluster. Ulsan ranked first in the petrochemical industry and second in the automobile and shipbuilding industries of Korea. Ulsan is playing an important role in the Korean economy as a growth engine.

The eco-friendly city of Ulsan

Ulsan boasts beautiful mountains, clean rivers, and deep blue seas

Ulsan has been growing as an eco-friendly city and balancing development and environmental preservation for the past 40 years in order to maintain its beautiful nature and pleasant urban environment.