Ulsan Free Economic Zone Authority officially launched as a hydrogen industry base

[월간수소경제 성재경 기자] The Ulsan Free Economic Zone Authority officially launched the opening ceremony on the 14th with the vision of’leaping to a base for innovative growth centered on the hydrogen industry’.

The Ulsan Free Economic Zone Authority was designated as a Free Economic Zone in June of last year, and has been operating since January 1 of this year after completing preparations such as securing the number of seats and public offering for the Commissioner.

Minister of Trade, Industry and Energy Sung Yun-mo said in a congratulatory speech at the opening ceremony, “Please play a central role in regional development and job creation by fostering the hydrogen industry as a new industry in the future through the convergence of the hydrogen sector with the major industries such as automobiles, shipbuilding and petrochemicals, which are the strengths of Ulsan.” Asked.

The government will focus on promoting the policy related to the’Free Economic Zone Innovation Strategy 2.0′ announced in October last year to raise the Free Economic Zone as a base for new global industries.

First, by selecting key strategic industries for each free economic zone, it was decided to provide incentives to not only foreign-invested companies but also domestic residents, such as pre-sale at the cost of construction, allow private contracts, and preferential rates of local investment subsidies.

With a total project cost of 4.2 billion won, it will not only build infrastructure such as access roads and water supply facilities necessary for the development of free economic zones, but also establish innovative growth support programs for tenant companies.

In addition, to promote the investment in new industries by establishing the Free Economic Zone as a regulatory innovation institution, we are working on regulatory innovation tasks, discovering participating companies, and supporting empirical special case consulting.

In particular, with regard to the hydrogen-leading city pursued by the Ulsan Free Economic Zone, from next month, in accordance with the enforcement of the hydrogen law, the company is planning to create a hydrogen economy ecosystem by designating a specialized hydrogen company and expanding green hydrogen demonstrations.

In particular, the heads of eight organizations, including the Ministry of Industry (Free Economic Zone Promotion Group) and Ulsan Institute of Science and Technology (UNIST), participated in the’Ulsan Free Economic Zone’s Innovative Ecosystem Construction Business Agreement’ held on this day to endeavor to attract leading companies in the hydrogen industry and strengthen corporate support. Gathered the will.

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