Ulsan is a no. 1 industrial city with the highest GDP per capita in Korea. The city is a home to world-class automobile, shipbuilding, and petrochemical companies as well as excellent industrial infrastructure (port, airport, railway) and research institutes, such as UNIST, Korea Energy Economics Institute (KEEI), and Korea Research Institute of Chemical Technology (KRICT). In order to play an important role in the development of Korea’s industries, Ulsan aims to focus on fostering future mobility, bio, chemical, new materials, hydrogen, and low carbon energy industries. Ulsan Free Economic Zone (UFEZ) is at the center of such efforts. Visit Website