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According to Yonhap News,
Ulsan City sent out ‘the 5th Ulsan e-invest letter’ to about 300 CEOs and employees of foreign-invested companies operating in Ulsan on February 12th.
The letter contains the analysis of Korea-U.S. FTA’s effect on the automotive industry, foreign direct investment trend in 2010, new policies of Ulsan City, etc.
The e-invest letter was available only in Korean, but from the 5th letter, the English version is also issued.
Ulsan City has sent the quarterly e-invest letter in order to provide investment information, secure communication channel with administrative bodies, and improve investment satisfaction of foreign-invested companies.
Source: Yonhap News (Feb. 11, 2011)
**This is an English translation of a Korean news article.