Investment Attraction Plan
Investment Attraction Plan (goal): Foreign investment: 200 million dollars and domestic investment: 5.3 trillion won (2020-2030)
- Period (2020-2021): Foreign investment: 20 million dollars and domestic investment: 1.4 trillion won
2022-2030: Foreign investment: 180 million dollars and domestic investment: 3.9 trillion won - Employees: 76,000 by 2030
| Region | Investment | District | Company and Organization | Number of Employees | Investment Amount | Investment Period |
|---|---|---|---|---|---|---|
| Ulsan | Domestic Enterprise | Hydrogen Industry Base District | Knowledge Industry Center and 84 others | 7,442 | 6,512 | ‘20-’21 |
| University | 572 | 500 | ‘22-’30 | |||
| Electrogen Auto Valley | Hyundai Mobis | 3,664 | 3,252 | ‘20-’21 | ||
| DONGHEE Industrial Co., Ltd. and 16 other companies | 14,397 | 12,575 | ‘22-’30 | |||
| R&D Business Valley | Lotte Ulsan Development and 2 others | 4,087 | 3,570 | ‘20-’21 | ||
| 32 research centers including Hanwha Research Center | 30,516 | 26,675 | ‘22-’30 | |||
| Foreign Investment Company | Hydrogen Industry Base District | Kiwa | 132 | 123 (10million dollars) |
‘20-’21 | |
| Air Liquide and others | 527 | 492 (40million dollars) |
‘22-’30 | |||
| Electrogen Auto Valley | Bloom Energy외 1개사 | 1,185 | 1,107 (90million dollars) |
‘22-’30 | ||
| R&D Business Valley | RIKEN | 132 | 123 (10million dollars) |
‘20-’21 | ||
| AD-VENTA and 1 other company | 658 | 615 (50million dollars) |
‘22-’30 | |||
| Public Investment | 3 districts including the Hydrogen Industry Base District | - | 13,400 | - | ‘20-’30 |
- Status of foreign investment attraction in hydrogen and related industries
- City Hall signed the LOI for hydrogen production facilities with Air Products (October 30, 2019)
ㆍEstablishment of hydrogen production facilities and installation of hydrogen charging stations - City Hall signed the MOU for the establishment of a liquid hydrogen production plant with Hyosung Co., Ltd and Linde (April 29, 2020).
Establishment of the world's largest liquid hydrogen production plant with an annual production capacity of 13,000 tons (investment amount: 300 billion won) - City Hall is negotiating investment for the establishment of a new manufacturing plant for lithium-ion batteries and semiconductor materials with Belgium S company.
ㆍEstablishment of a manufacturing plant for lithium-ion battery separators and semiconductor materials (fluorine resin and PVDF) with an annual production capacity of 1,400 tons (investment amount: 19 billion won)
- City Hall signed the LOI for hydrogen production facilities with Air Products (October 30, 2019)
- Foreign Investment Attraction Strategy
- Strengthening technical cooperation such as R&D for companies that sign MOUs ⇒ Inducing additional investment
- Establishing the network of major target companies and conducting strategic investment attraction
ㆍNew establishment or expansion of production facilities, joint ventures and M&A of domestic companies, attraction corporate research institutes, etc - Major Target Company
Company, Current Location, Business Area No Company Current Location Business Area 1 Air Liquide France Hydrogen energy solution development 2 PROTON USA Hydrogen generator manufacturing 3 Hydrogenics Canada Hydrogen production and fuel cell development 4 AD-VENTA France Hydrogen storage device manufacturing 5 Eco Energy International USA Hydrogen production 6 Ballard Power Systems USA Hydrogen fuel cell 7 Kiwa Netherlands Hydrogen testing, inspection, and certification studies 8 RIKEN Japan Development of hydrogen energy storage technology 9 Birmingham Centre for Fuel Cell and Hydrogen Research UK Hydrogen and fuel cell research and development 10 Bloom Energy USA Hydrogen fuel cell stack manufacturing 11 Gore USA Hydrogen fuel cell stack and separator manufacturing - Strategic foreign investment attraction marketing
- "Sending customized overseas investment promotion groups: 4 times a year / Europe, Asia, the Americas, etc.
- Holding investment briefing sessions: twice a year / targeting foreign companies, potential foreign investors, etc.
- Establishing investment cooperation networking and strengthening partnerships: throughout the year"
- Successful attraction of about 130 institutions, including large enterprises, small and medium-sized enterprises, research institutes, and public institutions in the Ulsan Free Economic Zone (investment amount: 1.4 trillion won)
- Major Investment Attraction Company and Institution
Company and Institution, Business Area, Investment Amount (unit: 100 million won) No Company and Institution Business Area Investment Amount (unit: 100 million won) 1 Korea Institute of Energy Research
(Korea Institute of Energy Research)Hydrogen fuel cell technology development 487 2 Hydrogen Fuel Cell Demonstration Center Hydrogen fuel cell development and demonstration 349 3 Hyundai Mobis Production of eco-friendly automobile parts 3,252 4 Next Generation Hydrogen Convergence Technology Research Center R&D and demonstration of hydrogen nuclear power plant technology 250
- Domestic Investment Attraction Strategy
- Attracting investments from leading companies and target companies for innovative growth such as hydrogen industry
- Cooperating with large companies to induce investment in small and medium-sized enterprises and supporting R&D and investment with incentives
- Conducting investment attraction activities by selecting anchor companies, companies interested in the UFEZ, research and public institutions, etc.
- Major Target Company
Company, Business Area, Note No Company Business Area Note 1 Samsung SDI Secondary battery and ESS production Inducing the conversion of fuel cell production facilities 2 DONGHEE Industrial, Co. Ltd. Automobile parts Vendor of Hyundai Mobis 3 Doosan Fuel Cell Hydrogen fuel cell Ulsan Demonstration project in progress 4 Mt.H Control Valve Machine Interested in the UFEZ 5 Kyung Dong E&S Hydrogen production and supply " 6 JINWOO METAL Hydrogen parts and equipment " 7 CNL Energy Hydrogen fuel cell " 8 MS ENG Hydrogen parts and equipment " 9 SPC Industry Hydrogen parts and equipment " 10 Bio Friends Hydrogen production and supply " 11 CAMS Automobile parts " 12 Tae Won Mulsan Automobile parts " 13 PHC Valeo Automobile parts “ 14 Pyung Hwa Holdings Hydrogen fuel cell " 15 Iljin Composites Corporation Hydrogen fuel tank " 16 Hanyoung Technochem High pressure gas facility " 17 VINSSEN Hydrogen industry engineering " 18 Smart Ocean Signaling device and senso "
