Ulsan KTX Station Area Development Aims to Establish New Growth Hub in Western Ulsan

1. On December 3, the Ulsan Free Economic Zone Authority held a groundbreaking ceremony for the Ulsan KTX Station Area Mixed-Use Special Complex 'New On City' in Sinhwa-ri, Samnam-eup, Ulju-gun.
2. The project will invest 1.06 trillion won across a 1.53 million square meter site, including an industrial complex, a residential area of 11,000 households, and an international school.
3. The project operator has secured 550 billion won in project financing and posted a sales notice for Block A1 (1,209 households).

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