ULSAN < invest Korea

Twelve general industrial complexes in Ulsan are observing active investment with 95.9 percent of lot sales.

According to Ulsan Sunday, nine out of 12 general industrial complexes completed lot sales. Two complexes are currently selling and the last is planned for sales next year.

Total 3.099 million m2 out of 3.23 million m2 was sold.

The number of companies that purchased the lots reached about 320, showing investment promotion of KRW 2.6 trillion and new jobs close to 20,000.

Shin Ho-chul, a Ulsan official in an investment support team, noted that the sales rate was enhanced by analyzing lot demands to attract Korean companies and establishing customized industrial complexes, adding that the city will manage industrial complexes in a systematic way and provide active support for companies.

The city plans to complete sales by the end of the year with aggressive promotional activities and strategic marketing.

** This article was translated from the Korean.