By Industry Editor Kim Hyung-dae, Reporter Jeong Won-shik
The Korea Water Resources Development Corp. (KWRDC) headed by President Park Jae-hyun announced at a ceremony at its headquarters in Daejeon its vision for its development as the world's top water comprehensive platform company.
The KWRDC held a ceremony at its headquarters in Daejeon on July 15 to declare its vision for winning the post of the world's top water comprehensive platform company. Citizens representing the water resources development of the industry and other related areas across the country and invited guests from various other fields attended the event. They included the representatives from the government, the National Assembly, and various other fields including academia.
At the event on the day, the KWRDC decided to reduce greenhouse gases by 1.19 million tons by 2030 through energy-reducing water management. It also disclosed plans to support startups in the water industry to create 250,000 jobs by 2030.
The new vision, disclosed by the world's top water comprehensive platform company as claimed by many people in Korea, is committed to innovating water management in line with the changes of the times, including increasing climate change, the green digital transition, and the social realignment caused by new coronavirus disease (Corona 19).
The KWRDC has decided to raise the drinking rate of the tapped water supply rate from the current 49 percent to 90 percent by 2030. It is also planning to substantially expand clean water energy such as water solar energy and hydrothermal energy and to apply digital technologies such as artificial intelligence (AI) to the management of dams and water purification plants.
President Park Jae-hyun of the KWRDC also concluded: "We will speed up our Green New Deal projects with the government to become the world's best comprehensive water platform company."
“As a global leader, we are making a new leap in the management of water resources in Korea,” says CEO Park.
Since 1967, K-water has played a key role in Korean economic growth, and has contributed to people’s welfare and enhanced the quality of life by comprehensively developing and managing water resources.
Protection of people’s lives and assets from severe water disasters caused by climate change is the fundamental mission of K-water. Today, Korean people require changes in the public sector to provide them with new and touching services.
K-water stands ready with half a century’s worth of accumulated water management know-how. We will introduce basin-based quantity-quality-ecology nexus of water management, and establish eco-friendly smart water management by applying the 4th industrial revolution big data technologies. We will work jointly with the Korean government’s ‘New Southern Policy’ and ‘New Northern Policy’ to actively propel overseas projects. K-water’s water data platform, which will provide lifestyle services, can be used to put variable water data to further value. We will become a trusted and beloved public institution through innovation and communication.