Jeonnam Development Corporation Wins Excellence Award for Active Administration in Jeonnam Province... Expanding the Role of Public Enterprises

"Yaksu Offshore Wind Power Project" Recognized as a Model Case

Jeonnam Development Corporation won the Excellence Award at the Jeonnam Province Active Administration Best Practice Competition. President Jang Chungmo is posing for a commemorative photo with employees. Photo by Jeonnam Development Corporation

Jeonnam Development Corporation received the Excellence Award at the Jeonnam Province ‘2024 Active Administration Best Practices Competition’ as a successful case of cooperation with the military while promoting the ‘Yaksu Offshore Wind Power Project’.

The ‘Yaksu Offshore Wind Power Project’ is a pilot offshore wind power project initiated by Jeonnam Development Corporation, the first among local public enterprises nationwide. After obtaining the power generation business permit in 2019, the corporation began full-scale preparations for the production and installation of wind turbines.

However, in August 2022, prior to the installation of the turbines, the Ministry of National Defense raised concerns about the potential impact of offshore wind turbines on military operations, putting the project at risk of suspension.

In response, Jeonnam Development Corporation conducted its own technical analysis based on expert faculty and related academic materials to seek practical solutions. The corporation held several working-level consultations with key military departments and proposed technical solutions based on the analysis results. As a result of these active administrative efforts, the corporation achieved a significant milestone by obtaining approval from the Ministry of National Defense in July 2024.

Jang Chungmo, President of Jeonnam Development Corporation, stated, "This achievement is not just about resolving administrative permits, but also about simultaneously achieving public interest and revitalizing the local economy," adding, "We will continue to lead the renewable energy business in Jeonnam in the future."

This active administration case by Jeonnam Development Corporation is being recognized as a model case for expanding the role of local public enterprises and responsible management. The corporation plans to continue promoting eco-friendly energy projects with the goal of responding to the climate crisis and achieving balanced regional development.

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