SK hynix to Restore Waterways of Namdaecheon in Yangyang... Launches Public-Private "Water Positive" Project
Collaboration with Ministry of Climate Change, Gangwon Province, Korea Water Resources Corporation, and Others
Focused on Restoring "Salmon Migration Path" by 2037
SK hynix is partnering with local governments, the national government, and public institutions to launch the "Water Positive" project aimed at restoring the aquatic ecosystem of Namdaecheon in Yangyang, Gangwon Province. The company plans to return more water to nature than it consumes, actively responding to the climate crisis and promoting co-prosperity with the local community.
SK hynix signed a memorandum of understanding (MOU) for the ‘Gangwon Yangyang Namdaecheon Aged Weir Improvement’ project with the Ministry of Climate Change and others at its headquarters in Icheon, Gyeonggi Province, on the 7th. From left, Seokdae Yoon, President of Korea Water Resources Corporation; Kwangrae Kim, Deputy Governor for Economic Affairs of Gangwon Special Self-Governing Province; Hanseung Geum, 1st Vice Minister of the Ministry of Climate Change and Energy Environment; Byunggi Lee, Head of SK hynix Yangsan Production Division; Dongsu Tak, Vice Governor of Yangyang County; Sangjun Lim, Chairman of Korea Environment Corporation. SK hynix
View original imageOn May 8, SK hynix announced that it had signed the "Cooperation Agreement for Restoring the Aquatic Ecosystem Continuity of Namdaecheon in Yangyang, Gangwon Province and Joint Implementation of Water Positive Initiatives" with the Ministry of Climate Change, Energy and Environment, Gangwon Special Self-Governing Province, Yangyang County, Korea Water Resources Corporation, and Korea Environment Corporation.
This project will be implemented through a public-private partnership, with the government planning policy, public institutions discovering restoration projects, and companies participating in the initiatives. Through this collaboration, SK hynix is presenting a new model for co-prosperity in the era of climate crisis.
SK hynix is responsible for improving the aging weirs of Namdaecheon, which is the largest spawning ground for migratory fish in Korea. Due to aging weirs and altered water flow, Namdaecheon has faced ecological crises, such as salmon being isolated and unable to return to their spawning grounds. SK hynix will improve the old weirs in Namdaecheon to secure water flow, create a healthy habitat for fish, and restore the continuity of the aquatic ecosystem. The project will run from this year until 2037.
Through this initiative, SK hynix aims to open water pathways that will allow salmon to safely return to their native grounds. In addition to restoring the aquatic ecosystem, the project is expected to provide local residents with a pleasant riverside environment and enhance the value of the area as a tourism resource, thereby contributing to the revitalization of the local economy.
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Byunggi Lee, Head of Mass Production and Chief Production Officer (CPO) at SK hynix, stated, "This project will serve as a case showing that a company's Water Positive activities can be a 'tool for co-prosperity' that grows together with the local community and the natural environment." He added, "SK hynix will continue to carry out sincere initiatives to protect water resources in the future."
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