Hanwha Construction Division Steps Forward as an Eco-Friendly Developer
Hanwha Corporation's Construction Division announced on the 10th that it will step forward as a 'Green Infrastructure Developer' providing comprehensive solutions in the water treatment business sector.
Based on the water treatment technology and execution capabilities accumulated so far, the strategy is to advance one step further as an eco-friendly developer leading development beyond simple construction.
Notably, last month, Hanwha Construction Division signed a project financing (PF) agreement worth over 1 trillion KRW related to the modernization of the Daejeon sewage treatment plant through a private investment project.
This is the first domestic project to relocate and modernize a large-scale aging sewage treatment plant, with a project cost reaching 721.4 billion KRW (based on the implementation agreement).
Hanwha Construction Division was the first to propose this project and provided comprehensive solutions. Daejeon Enviro, with Hanwha Corporation as the representative company, was selected as the project operator, and will also be responsible for operation for 30 years after construction is completed.
The company plans to apply the latest sewage treatment technologies and underground water treatment facilities to block odors, while developing convenience facilities such as parks and sports facilities on the surface.
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Hanwha Construction Division plans to promote various new projects as a developer encompassing proposal, construction, and operation of water treatment businesses based on its various environmental new technologies and patented technologies.
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