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Overview History Organization Head Office

Duties

  • Construction, operation, and management of facilities for the comprehensive use and development of water resources
  • Construction and management of metropolitan waterworks (including industrial waterworks) facilities
  • Development of industrial complexes and special-purpose zones
  • Contracted-out operation of local waterworks and sewage
  • Construction, operation, and management of renewable energy facilities

History

  • Nov. 16, 1967: Korea Water Resources Development Corporation established
  • Feb. 1, 1974: Reorganized into the Industrial Sites and Water Resources Development Corporation
    (Oct. 15, 1974: Headquarters relocated from Seoul to Daejeon)
  • Jul. 1, 1988: Reorganized into the Korea Water Resources Corporation
    (Law No.3997, Korea Water Resources Corporation Act enacted on Dec. 4, 1987)
  • Jun 8, 2018: National Government Organization Act (revised)
    (Transferred under the Ministry of Environment)

Capital

  • Legal Capital: KRW 15 trillion
  • Paid-in Capital: KRW 11.286 trillion(as of Dec. 31, 2024)
Components of Ownership : KRW 11.286 trillion - Government 10.4202 trillion (94.48%), Korea Development Bank 608.4 billion(5.52%)

Organization and Staff

  • Headquarter : one vice-president, 5 divisions, 3 head offices(department,Institute), 38 department(office)
  • On-Site Branches : 7 head offices, 22 departments(center, Institute), 80 brances(Institute)

(Unit: Person)

Organization and Staff
Total Senior Executives Grade 1 Grade 2 Grade 3-5 Grade 6-8 Specialized
Positions
6,377 7 60 390 3,696 124 2,100

Finance and Budget

Overview of Assets and Debts (based on the 2024 Financial Statement)

Assets : KRW 24,065.4 billion, Debts : KRW 11,936.5 billion (debt ratio: 98.4%)

Debt Trend 2022 124,437 115.4% / 2023 115,838 101.5% / 2024 119,365억원 98.4%

Assets, Debts, and Capital (Unit: KRW 100 Million)

Assets, Debts, and Capital
Assets Debts Capital
240,654 119,365 121,289

Overview of Profit and Loss (based on the 2024 Financial Statement)

Current Term Net Profit : KRW 349.8 billion

Net Profit Trend 2022 4,074 / 2023 3,593 / 2024 3,498

Current Term Net Profit (Unit: KRW 100 Million)

Current Term Net Profit
2022 2023 2024
4,074 3,593 3,498

Profit and Cost (Unit: KRW 100 Million)

Profit and Cost
Total Revenue Total Cost Net Profit
47,654 44,156 3,498

Overview of Budget

Size of the 2025 Budget : KRW 7.5663 trillion

(Unit: KRW 100 Million)

Overview of Budget
Types 2024 Budget
(A)		 2025 Budget
(B)		 Increase
(B-A) %
Total 67,287 75,663 8,376 11.1%
Investment Projects 23,539 23,600 61 0,3%
Managed Projects 43,748 52,063 8,315 16.0%