Gyeongbuk TP-supported 'Twoen' Partners with Singapore's Cyclect to Target Global Water Treatment Market
Gyeongbuk Eco-Friendly Industry, an Opportunity to Increase Interest in Investment and Corporate Exchange
Twoen, a tenant company of Gyeongbuk Technopark, signed an MOU with Cyclect to establish a global network in the water quality management field, including wastewater and seawater treatment, at the Singapore Global VC invitation event hosted by the Ministry of SMEs and Startups and organized by the Korea SMEs and Startups Agency and Gyeongbuk TP on the 19th.
Director Daewon An of Twoen, a tenant company at Gyeongbuk TP, is conducting an IR pitching session invited by the Ministry of SMEs and Startups' global fund operators and the sovereign wealth fund TEMASEK at Sentosa CC in Singapore. Photo by Gyeongbuk TP
View original imageThis MOU signing took place on the occasion of the IR pitching event for Singapore sovereign wealth fund TEMASEK and Ministry of SMEs and Startups global fund operators held at Sentosa CC, Singapore, on the 19th.
Founded in 2021, Twoen moved into the Gyeongbuk TP factory building in 2023 and has developed core technologies in oil-water separation, wastewater purification, and water electrolysis. The company has demonstrated its technological capabilities and expertise in the eco-friendly industry through achievements such as ▲Pre-A level investment attraction (June 2024) ▲Winning the Tech Open Collaboration hosted by SK Ecoplant (July 2024) ▲Selection for the Ministry of SMEs and Startups Deep Tech TIPS program (November 2024).
Hainseong, President of Gyeongbuk TP, stated, “This MOU will serve as a stepping stone for Twoen to expand more actively into Singapore and the ASEAN region, while also increasing interest among related investors and Singaporean companies in investing in and exchanging business with Gyeongbuk’s eco-friendly industry.”
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Cyclect is a global comprehensive engineering solutions company providing sustainable engineering and maintenance solutions in 10 countries worldwide. Pursuing the UN’s Sustainable Development Goals, it leads engineering technology and governance in the eco-friendly sector.
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