ULSAN < invest Korea

(ULSAN=NEWSIS) Ulsan City announced September 20 that it will send an investment promotion delegation to Singapore for four days from September 21 to 24 to negotiate with a tank terminal company and petro chemical company on attracting investment.

The delegation will discuss investment shares of the North Port project with the Singaporean tank terminal company and negotiate with the petro chemical company on investment.

They will also visit a price evaluation organization to discuss ways for Singaporean companies to enter Ulsan and learn about the price evaluation system and price announcement method.

They will visit the Singapore Exchange (SGX) to identify the role of the stock exchange and the types and methods of exchange for the facilitation of the oil hub project.

"We will strive to attract global oil trading companies and price evaluation organizations to successfully transform Ulsan into the oil hub of Northeast Asia," said a city official.

jhc@newsis.com