Ulsan FDI Status

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Ulsan FDI Status

FDI Status (as of December 2023)

Ulsan attracted USD 14.9 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	43	5743.31	Chemical Engineering	220	10,344.99
Japan	131	2099.16	Transportation Machinery	59	2,227.62
Singapore	44	1507.24	Metal, Fabricated metal products	32	1,132.17
Germany	45	1375.38	Electricity, Gas	61	803.14
USA	57	1312.51	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)	75	293.8
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	188	696.6	Others	68	120.24