TOP
HOMEK-waterAbout Us

About Us

TabBar Menu

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 11.5062 trillion - Government 10.8978 trillion (94.71%), 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 24,865.5 billion, Debts : KRW 11,963.9 billion (debt ratio: 92.7%)

Debt Trend 2022 124,437 115.4% / 2023 115,838 101.5% / 2024 119,365 98.4% / 2025 119,639, 92.7%

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

Assets, Debts, and Capital
Assets Debts Capital
248,655 119,639 129,016

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 / 2025 2,456

Current Term Net Profit (Unit: KRW 100 Million)

Current Term Net Profit
2022 2023 2024 2025
4,074 3,593 3,498 2,456

Profit and Cost (Unit: KRW 100 Million)

Profit and Cost
Total Revenue Total Cost Net Profit
51,786 49,330 2,456

Overview of Budget

Size of the 2026 Budget : KRW 7.1560 trillion

(Unit: KRW 100 Million)

Overview of Budget
Types 2025 Budget
(A)		 2026 Budget
(B)		 Increase
(B-A) %
Total 75,663 71,560 -4,103 -5.4%
Investment Projects 23,600 23,651 51 0.2%
Managed Projects 52,063 47,909 -4,154 -8%