Ulsan Nam-gu Okdong Hydrogen Fusion Valley, Uljin Onsan Cheongnyang U-Valley National Industrial Complex Project Location, Greenbelt Development Restrictions Expected to be Lifted
Ulsan Metropolitan City announced the modification of the existing designated area for land transaction permits according to Article 10 of the 'Real Estate Transaction Reporting Act' on February 28, 2025. This modification is a measure related to the Ulsan Hydrogen Fusion Valley project and the Ulsan U-Valley National Industrial Complex project.
Recently, Ulsan City finalized three projects as 'National and Regional Strategic Projects in Development Restriction Areas': the Ulsan Hydrogen Fusion Valley project, the Ulsan U-Valley National Industrial Complex project, and the Seongan-Yaksah General Industrial Complex project.
As a result of this decision, the respective areas can be exempted from development restrictions regardless of their environmental assessment grades. Thus, it is expected that business promotion will become more active.
Detailed information about Ulsan City's National and Regional Strategic Projects in Development Restriction Areas can be confirmed through the link below.
Designated Area for Permits
The Ulsan Hydrogen Fusion Valley project is underway in Ulsan.
The target areas are Okdong, Duangdong, Sinjeongdong, Seonamdong in Nam-gu, and Munjukri and Gaegokri in Cheongnyang-myeon, Uljin-gun.
The total area is 2,798.1 thousand㎡, with each area's size being Okdong 1,749.1 thousand㎡, Duangdong 983.8 thousand㎡, Sinjeongdong 0.9 thousand㎡, Seonamdong 0.7 thousand㎡, Munjukri 61.6 thousand㎡, and Gaegokri 2.0 thousand㎡.
The Ulsan U-Valley National Industrial Complex project is being carried out in several areas of Uljin-gun. The target areas include Deokshinri 0.08㎢, Hanamri 0.39㎢, Dongcheonri 0.02㎢, Sangnamri 0.50㎢, and Yongamri 2.67㎢, with a total area of 3.66㎢.
The designated period for the permit area is set from March 2, 2025, to March 1, 2028. This project is expected to contribute to the revitalization of the local economy.
Area Requiring Permit for Land Transaction Contracts
In urban areas, residential areas exceeding 60㎡ are applicable. Commercial areas and industrial areas must each exceed 150㎡, while green areas must exceed 200㎡.
In agricultural land outside urban areas, over 500㎡ is required, and over 1,000㎡ for forest land. Additionally, land other than agricultural and forest land must exceed 250㎡.
The designation of the land transaction permit area in Ulsan is closely related to major industrial complex development projects. Notably, the Ulsan Hydrogen Fusion Valley project has recently been selected as a regional strategic project by the government with an estimated project cost of about 970.9 billion won.
Such large-scale development projects are expected to enhance Ulsan's industrial competitiveness and significantly contribute to the revitalization of the local economy. These changes are anticipated to be a key opportunity to brighten Ulsan's future.
Ulsan is making various efforts to revitalize the hydrogen economy. In September 2024, it was selected for the 'Hydrogen City Creation Project' contest organized by the Ministry of Land, Infrastructure, and Transport, securing 14.75 billion won in national funding. This fund will be used to build a hydrogen pipeline network in the Buk-gu and Ulsan Mipo National Industrial Complex area, supply hydrogen charging stations directly, and implement hydrogen tractor demonstration projects.
This series of measures is expected to further strengthen Ulsan's position as an eco-friendly energy city and greatly contribute to building a future industrial ecosystem. The revitalization of Ulsan's hydrogen economy is expected not only to have a positive impact on the local economy but also to contribute to sustainable development.
Ulsan Metropolitan City Announcement No. 2025-523
Modification Notice for Designated Land Transaction Permit Area
In accordance with Article 10 of the 'Real Estate Transaction Reporting Act,' the designated land transaction permit area (Ulsan Metropolitan City Notice No. 2025-458) is hereby modified as follows.
2025. 2. 28.
Mayor of Ulsan Metropolitan City
1. Target Areas for Designation
| Target Area | Area (thousand㎡) | Notes | |
| Total | 2,798.1 | Ulsan Hydrogen Fusion Valley Project | |
| Ulsan Metropolitan City | Nam-gu | Okdong | 1,749.1 |
| Duangdong | 983.8 | ||
| Sinjeongdong | 0.9 | ||
| Seonamdong | 0.7 | ||
| Uljin-gun | Cheongnyang-myeon Munjukri | 61.6 | |
| Cheongnyang-myeon Gaegokri | 2.0 |
2. Designation Period for Permits:
March 2, 2025 – March 1, 2028
Ulsan Metropolitan City Announcement No. 2025-524
Modification Notice for Designated Land Transaction Permit Area
In accordance with Article 10 of the 'Real Estate Transaction Reporting Act', the designated land transaction permit area (Ulsan Metropolitan City Notice No. 2025-460) is hereby modified as follows.
2025. 2. 28.
Mayor of Ulsan Metropolitan City
1. Target Areas for Designation
| Target Area | Area (㎢) | Notes | |
| Total | 3.66 | Ulsan U-Valley National Industrial Complex Project | |
| Ulsan Metropolitan City | Uljin-gun | Onsan-eup Deokshinri | 0.08 |
| Onsan-eup Hanamri | 0.39 | ||
| Cheongnyang-eup Dongcheonri | 0.02 | ||
| Cheongnyang-eup Sangnamri | 0.50 | ||
| Cheongnyang-eup Yongamri | 2.67 |
The designation period for the permit area is from March 2, 2025, to March 1, 2028.
During this period, there are designated areas that must receive permits for land transaction contracts.
| Land Use Area | Area | |
| Urban Area | Residential Area | Exceeds 60㎡ |
| Commercial Area | Exceeds 150㎡ | |
| Industrial Area | Exceeds 150㎡ | |
| Green Area | Exceeds 200㎡ | |
| Area without Specified Use Zone | Exceeds 60㎡ | |
| Area Outside Urban Area | Agricultural Land | Exceeds 500㎡ |
| Forest Land | Exceeds 1,000㎡ | |
| Land other than Agricultural and Forest Land | Exceeds 250㎡ |
The matters related to the designation of the land transaction permit area are as follows.
First, the land register should refer to Attachment 1. At this time, it may not reflect corrections to land movements and registrations according to the 'Law on the Establishment and Management of Spatial Information', so the final register must be based on the designated area map.
Next, the topographical map for the permit area designation can be referenced in Attachment 2. Additionally, detailed information on the land transaction permit area can be checked on the land e-um website (http://www.eum.go.kr).
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