Daejeon Sewage Treatment Plant 'Facility Modernization' Targeted for Completion in 2027

Site of the 'Daejeon Sewage Treatment Plant Facility Modernization Project.' Provided by Daejeon City

[Asia Economy (Daejeon) Reporter Jeong Il-woong] The facility modernization project of the Daejeon Sewage Treatment Plant is being promoted with the goal of completion in 2027.

Daejeon City announced on the 13th that the designation of the project implementer and the draft implementation agreement for the private investment project to modernize the Daejeon Sewage Treatment Plant facilities have finally passed the Ministry of Strategy and Finance's private investment project review (hereinafter referred to as the Private Investment Review).

The Private Investment Review is held for large-scale projects exceeding 200 billion KRW in accordance with Article 13, Paragraph 3 of the Private Investment Act. The Daejeon Sewage Treatment Plant facility modernization project was approved in a meeting chaired by the 2nd Vice Minister of the Ministry of Strategy and Finance, with participation from the Ministry of Environment, Ministry of Land, Infrastructure and Transport, Korea Development Institute (KDI) officials, and private expert committee members.

Having passed the 'Private Investment Review' hurdle, it is expected that the private investment project for modernizing the Daejeon Sewage Treatment Plant facilities will be able to commence construction next year.

This project involves an investment of 721.4 billion KRW to consolidate and relocate the existing Wonnchon-dong Sewage Treatment Plant and Ojeong-dong Night Soil Treatment Plant to a site at 103 Geumgo-dong, Yuseong-gu.

The facility capacity will be 650,000 tons per day, and by introducing advanced construction methods, the sewage treatment facilities will be modernized underground to fundamentally block odor generation. Additionally, parks and other resident convenience facilities will be installed above ground.

The construction period is 60 months, aiming for completion in 2027.

A city official stated, "The relocation and facility modernization project of the Daejeon Sewage Treatment Plant, which has been underway for more than 10 years, has now entered its main track," adding, "The city will focus administrative efforts to ensure smooth progress by steadily carrying out follow-up procedures such as detailed design."

Meanwhile, the sewage treatment plant modernization project received a private investment project proposal in 2016 and requested a feasibility study from the Public Investment Management Center (PIMAC) of the Korea Development Institute, which passed in 2019.

In the same year, it obtained the consent of the Daejeon City Council, and after a "third-party proposal announcement" in September last year, (tentatively named) Daejeon Enviro Co., Ltd. was selected as the preferred negotiation partner in January this year.

Subsequently, negotiations on project implementation conditions such as construction costs, operating costs, and profitability, as well as the draft implementation agreement, were completed in August, and last month, the appropriateness review of the negotiation results requested from PIMAC was finalized, proceeding to the Private Investment Review stage.

This content was produced with the assistance of AI translation services.