On the 30th, Daejeon City signed a business agreement with K-Water to establish a strategic cooperative relationship.
This agreement is designed to create a foundation for regional innovative growth by strengthening communication and mutual cooperation between Daejeon City and K-Water to mark the 50th anniversary of the relocation of the headquarters of K-Water (October 15, 1974).
Through the agreement, the two organizations decided to strengthen cooperation in some fields such as regional development and start-up, carbon neutrality, water industry, industry-academia cooperation, water welfare and water conservation, regional communication, and expand strategic cooperation.
Daejeon City will actively support the lifting of development restrictions and opening access roads for the success of the digital water industry valley project being promoted by K-Water. Moreover, they also will foster the water industry and attract water industry-related companies and institutions.
K-Water also establishes and operates start-up space to foster startups within Daejeon City, and actively participates in local festivals such as the Daejeon Zero O’Clock Festival.
The two parties plan to form a working-level consultative firm (working group) to secure the execution power of the agreement to promote cooperative tasks in earnest. Besides, new cooperative tasks will also be researched to maintain continuous cooperative relationships.
Yun Seog-dae, president of the K-Water stated, "This year marks the 50th anniversary of co-prosperity and cooperation with Daejeon City through the relocation of the headquarters in Daejeon. We will actively strengthen cooperation to make Daejeon City leap into a central city in the local era as a base for innovation in the ultra-gap water industry”.
"K-Water is an important asset of Daejeon", Daejeon Mayor Lee Jang-woo expressed. "We need to raise the level of cooperation between Daejeon City and K-Water to the next level to respond to the problems of the times such as climate change, water shortage, and the creation of low-carbon cities", he added to the statement.
Additionally, Mayor Lee addressed, "If K-Water's world-class water management technology and urban development capabilities are applied to various Daejeon municipalities such as energy, cities, and industries, this will create great synergy. We will work together with President Yun Seog-dae to ensure that cooperative tasks, including the creation of the digital water industry valley, lead to meaningful results".
K-Water website: https://www.kwater.or.kr/eng/main.do
