Korea Water Resources Corp Archives

S. Korea’s Universal Studios Plan Hits Snag over Funding

DAEJEON, Aug. 23 (Korea Bizwire) – South Korea is facing rough sailing in its ambitious plan to build a Universal Studios theme park south of Seoul due to a row over how to bankroll the big-budget project, sources said Tuesday. Korea Water Resources Corp. (K-Water), the state-run water resource management company, is pushing to build [...]

K-Water Begins Running Philippines’ Angat Dam

SEOUL, Nov. 1 (Korea Bizwire) – Korea Water Resources Corp. (K-Water) took the operational control of Angat Dam in the Philippines and began its operation on October 31. It is the first instance for a Korean firm to run an overseas dam. Located 58 kilometers northeast of Metro Manila, the multi-purpose dam has a hydroelectric power [...]