- Information Center
- Investment News
According to Yonhap News,
The Ministry of Environment and Korea Environment Corporation announced a signing of an MOU on Jun. 18 with local affiliates, associated with five metropolitan city governments in an attempt to support water businesses in Korea and scale up the industry. Under the pact, those who’ve completed a course of business feasibility studies at the national water cluster, settled in the city of Daegu, are entitled to run on-site tests to make sure if the business is viable at 32 sewage treatment systems which spread across five major cities.
With variables in scope and settings in 32 different testing grounds, compared to what’s in the water cluster in Daegu city, the chances for the on-site investigation appears to be a great help to businesses verifying technological reliability.
The water cluster also pushes for another biz-support program, helping residents who’ve been through verification tests find sales channels home and abroad, reviewing numerous incentive models brought by the SMEs ministry.
Copyrights Yonhap News. All Rights Reserved.
Reprint or redistribution without permission is prohibited.
Source: Yonhap News (Jun. 17 , 2020)** This article was translated from Korean.