Ulsan FDI Status

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Ulsan FDI Status

FDI Status (as of September 2025)

Ulsan attracted USD 16.9 billion foreign direct investment. In 2023, its annual FDI amount set a record-high, attaining USD 1.2 billion.
In particular, investment by the Netherlands, Japan, and Germany account for a large share in major industries in Onsan and Ulsan Mipo National Industrial Complexes.
By industry, investment has focused on Ulsan's major industries including automotive, shipbuilding, and petrochemical industries, with FDI also increasing in future industries including hydrogen energy, secondary battery, offshore wind power, and bio industries.

FDI by Nation and Industry

(unit : USD million)

국가별ㆍ산업별 투자금액
Nation	No. of reported FDI	Reported amount	Industry	No. of reported FDI	Reported amount
Netherlands	49	5759.5	Chemical Engineering	226	10,399
Japan	133	2111.16	Transportation Machinery	60	2,250
Singapore	44	1507.24	Metal, Fabricated metal products	32	1,132.17
Germany	46	1396.9	Electricity, Gas	70	1,242
USA	58	1334.1	Electrics, Electronics	27	475.32
UK	35	1180.32	R&D, Science and Technology	28	297.47
Barbados	3	598.85	Wholesale and Retail (Distribution)	81	305
Kuwait	2	554.96	Finance, Insutrance	2	115
France	33	387.14	Transportation, Warehouse	25	112.82
Belgium	16	272.12	Textile, Apparel	12	83.05
Malaysia	6	212.85	Nonmetalic minerals	8	72.85
Norway	17	189.87	Business support and rental	3	51.84
Others	206	807.3	Others	77	122