No. 1 GRDP in Korea
Ulsan Metropolitan City is leading the Korean manufacturing industry as the mecca and largest producer of the three key businesses of Korea.
Production lines of Hyundai Motor Company
World’s largest plant
Ulsan has been constructing an automobile industry cluster based on hundreds of automobile parts manufacturers including the Hyundai Motors Ulsan Plant that produces about 1,540,000 automobiles every year.
Ulsan’s automobile production accounts for 20% of the total domestic automobile production.
Shipbuilding dock of Hyundai Heavy Industries
Global No.1 shipbuilder
Ulsan is the world’s largest industrial shipbuilding city. Global No.1 shipbuilder Hyundai Heavy Industries and Hyundai Mipo Dockyard are located in Ulsan. To ensure they continue to lead the way in the future they are accelerating the development of smart ship based on IT.
World class production
In Ulsan, global leading petrochemical companies including SK and S-OIL are spreading throughout the world. Their production accounts for about 32% of the total domestic petrochemical production. In addition, they are focusing on developing future growth engines such as new materials, biochemistry, etc.
- Hyundai Motor Company - The world’s largest automobile plant (Ulsan) with an annual production capacity of 1,540,000 vehicles
- Hyundai Heavy Industries - The world No. 1 shipbuilding production capacity (9.2 million G/T) in 2016
- Hyundai Mipo Dockyard - The world No. 5 shipbuilding production capacity (2.4 million G/T) in 2016
- SK Energy - Korea’s largest oil refinery with a daily production of 840,000 barrels