Ulsan City Supports International Express Shipping Costs for SMEs... "Reducing Export Logistics Expenses"

Year-Round Recruitment, Up to 3 Million KRW per Company

Ulsan City will support international express delivery costs to help small and medium-sized enterprises (SMEs) with exports.

On the 4th, Ulsan City announced that it will promote the ‘2023 International Express Overseas Logistics Cost Support Project’ to reduce the initial export logistics cost burden for local SMEs, in collaboration with the Ulsan Economic Promotion Agency.

The support targets small and medium-sized manufacturing companies with headquarters or factories in Ulsan City. Companies wishing to participate can apply year-round through the Ulsan Trade Support System.

The support covers up to 80% of overseas export logistics costs sent via Korea Post international express, private express, and forwarding services (including vessel arrangement, shipping reservation, and final transportation), with a maximum of 3 million KRW per company.

For detailed information, refer to the notices on the Ulsan Economic Promotion Agency website or contact the Marketing Support Team of the Ulsan Economic Promotion Agency.

An official from Ulsan City stated, “With the recent continuous rise in logistics costs, we will actively support overseas market development while easing the burden on exporting SMEs.”

Through the ‘2022 International Express Logistics Cost Support Project,’ Ulsan City supported a total of 50 companies with 72 million KRW.

Ulsan City Hall.