On April 14 (Thu), the Korea Institute of Energy Research (KIER) signed an agreement to nurture and promote the new business sectors in Ulsan such as hydrogen and low-carbon energy with five organizations including Ulsan Free Economic Zone Authority.

In accordance with this agreement, KIER will give the chance to enhance technological prowess to (potential) start-up founders, venture businesses, and SMEs that own new technologies for the core strategic industries designated by Ulsan Free Economic Zone Authority and to ensure business cooperation with one another.