Major projects
- Home
- Investment Projects
- Major projects
Urban Convergence Special Zone
Date
2025.12.18
Views
556
Project Purpose
To overcome the concentration of businesses and young talent in the metropolitan area, this project aims to create a growth hub by building a mixed-use space for industry, housing, and culture, driving business investment and the creation of high-quality jobs for youth.
Project Overview
- Location: Sinhwari, Samnam-eup, Ulju-gun, and Daun-dong, Jung-gu
- Area: 1.92 million m² (KTX Station Area Convergence District: 1.62 million m², Daun Innovation Convergence District: 300,000 m²)
- Implementing Agency: Ulsan Urban Corporation (Special Zone Development Project) ※ Joint implementation with LH (Korea Land and Housing Corporation) is planned if they participate in the project
- Project Period: 2024–2034 (10 years)
- Estimated Budget: KRW 3.57 trillion (Land development: 691.6 billion KRW, Facilities introduction: 2.88 trillion KRW)
- Development Method: Special zone development + related projects
- Development Concept: Establishing a hub for manufacturing innovation and a convergence point for housing, education, and culture
KTX Station Area District (Sinhwari, Samnam-eup, Ulju-gun)
- Build a future mobility transfer center
- Develop a BIO senior complex town
- Establish an R&D hub and demonstration center
- Create specialized residential complexes for youth, MZ generation, and education
- Set up a post-BI support center for manufacturing companies
- Establish an international school and educational infrastructure
Daun Innovation Convergence District (Daun-dong, Jung-gu)
- Korea Institute of Industrial Technology (KITECH), Electronics and Telecommunications Research Institute (ETRI)
- Build R&D clusters with institutions such as Technopark
- Establish a demonstration center for R&D achievements
- Create a business support center
- Develop specialized housing for special zone workers and retirement housing for technical experts
Perspective Rendering
KTX Station Area Convergence Zone(Area in Sinhwa-ri, Samnam-eup, Ulju-gun)
Daun Innovation Convergence Zone(Area in Daun-dong, Jung-gu)