Mokpo City Signs Private Investment Agreement for Resource Recovery Facility
Alternative Solutions for Sanitary Landfills Facing Regional Saturation
[Asia Economy Honam Reporting Headquarters Reporter Jeong Seunghyun] Mokpo City, Jeonnam announced on the 25th that it has signed an implementation agreement with Hanwha Construction Co., Ltd., the representative company of the (tentative name) Mokpo Eco Dream Corporation, the preferred negotiator for the 'Mokpo City Resource Recovery Facility Private Investment Project.'
The agreement consists of a total of 83 articles covering the project overview, implementation method, design and construction, maintenance and operation. The project will invest a total of 97.8 billion KRW in the area of 703, Daeyang-dong, constructing facilities with a capacity of 220 tons/day, an incineration waste heat recovery facility producing 6.5 MW of electricity, etc. The construction period is 30 months, and the management and operation period is 20 years.
The city plans to proceed with the project aiming to start construction in the second half of this year and begin operation in the first half of 2025 after completing administrative procedures such as environmental impact assessment and implementation plan approval.
The city has been installing sanitary landfills since 1995 to landfill and process household waste.
However, as the current sanitary landfill has reached 98% saturation, it is urgent to seek appropriate alternatives for household waste disposal. The installation of the resource recovery facility will secure an alternative facility to replace household waste disposal.
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A city official said, "The resource recovery facility private investment project is an essential project for the centennial plan of Mokpo City," and added, "We will proceed as an eco-friendly project that can serve as a model for other local governments."
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