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Ulsan KTX Station Area Complex Breaks Ground as 'New On City' Takes Shape as Western Growth Hub
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- Ulsan Metropolitan City held a groundbreaking ceremony on December 3 for the Ulsan KTX Station Area Complex Specialized District, 'New On City,' in Sinhwa-ri, Samnam-eup, Ulju-gun.
- On a 1.53 million square meter site, with a project cost of about 1,060.3 billion won, 8,400 households of housing and industrial zones are to be built by 2029.
- Companies will begin moving in from 2027, and Ulsan City said it will offer incentives including tax reductions and special permission to establish a foreign school.
For everyone: Koto, The Korean Today's AI, sums it up in 3 lines · 88 languages The article itself was written by our reporter. This 3-line summary and its translations into 88 languages are an added service from The Korean Today for readers, prepared by Koto, our AI, from the original article only. The summary does not replace the original.
Read the full article (machine translation) → Original article (Korean): 울산 KTX역세권 복합특화단지 기공… 서부권 신성장 거점 ‘뉴온시티’ 본격화
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