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Korea Water Resources Corp. CEO Yun Seog-dae (left) and Anatolii Fedoruk, Ukraine's mayor of Bucha, pose for a picture after signing a memorandum of understanding at K-water's Hangang River Basin Management Division in Gwacheon, Gyeonggi Province, Friday. (Korea Water Resources Corp.) |
Korea Water Resources Corp., or K-water, announced Monday it has signed an agreement with Ukraine's war-torn suburb of Bucha to support its recovery and the construction of an industrial complex there.
The state-run public water management company on Friday signed a memorandum of understanding with Bucha to cooperate on the area's recovery and the refurbishment of a water facility system.
The deal was inked at the agency's Hangang River Basin Management Division in Gwacheon, Gyeonggi Province, with K-water CEO Yun Seog-dae and Bucha Mayor Anatolii Fedoruk in attendance.
Bucha is a suburb near the capital Kyiv that has been heavily hit by the Russian invasion, including a mass civilian killing that happened in 2022.
The city government plans to build an industrial complex there spanning 34.33 square kilometers, which is around 12 times the size of Yeouido, Seoul's financial district.
The partnership follows Yun's visit to Kyiv in September, during which the Bucha mayor requested the agency's support in the development of an industrial complex and the modernization of water supply facilities.
Under the agreement, K-water will share its water management expertise and cooperate on Bucha's recovery, including the development of technologies and plans for sustainable urban development, restoration, and modernization of water supply facilities.
Separately, the water resources firm also signed a memorandum Friday with Ukraine's Ministry of Infrastructure to further expand cooperation in other parts of the war-torn country.
As part of the South Korean government's "One Team Korea" project, which aims to support Ukraine's recovery, K-water also leads the implementation of smart city technologies in the Uman area, in central Ukraine, and the restoration of the breached Kakhovka Dam along the Dnieper River.
