HOMEAbout K-waterOverview
Overview
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)
- June 8, 2018: National Government Organization Act (revised)
(Transferred under the Ministry of Environment)
Capital
- Legal Capital: KRW 15 trillion
- Paid-in Capital: KRW 10.6410 trillion(as of Dec.31. 2023)
Organization and Staff
- Headquarter : one vice-president, 5 divisions, 3 head offices(department,Institute), 37 department(office)
- On-Site Branches : 7 head offices, 25 departments(center, Institute), 81 brances(Institute)
(Unit: Person)
Organization and Staff
Total |
Senior Executives |
Grade 1 |
Grade 2 |
Grade 3-5 |
Grade 6-8 |
Specialized Positions |
6,364 |
7 |
59 |
390 |
3,678 |
163 |
2,067 |
Finance and Budget
Overview of Assets and Debts (based on the 2023 Financial Statement)
Assets : KRW 22,996.9 billion, Debts : KRW 11,583.8 billion (debt ratio: 101.5%)
Assets, Debts, and Capital (Unit: KRW 100 Million)
Assets, Debts, and Capital
Assets |
Debts |
Capital |
229,969 |
115,838 |
114,131 |
Overview of Profit and Loss (based on the 2023 Financial Statement)
Current Term Net Profit : KRW 359.3 billion
Current Term Net Profit (Unit: KRW 100 Million)
Current Term Net Profit
2021 |
2022 |
2023 |
3,421 |
4,074 |
3,593 |
Profit and Cost (Unit: KRW 100 Million)
Profit and Cost
Total Revenue |
Total Cost |
Net Profit |
48,773 |
45,180 |
3,593 |
Overview of Budget
Size of the 2024 Budget : KRW 6.7287 trillion
(Unit: KRW 100 Million)
Overview of Budget
Types |
2023 Budget (A) |
2024 Budget (B) |
Increase |
(B-A) |
% |
Total |
72,115 |
67,287 |
△4,828 |
△6.7 |
Investment Projects |
22,896 |
23,539 |
643 |
2.8 |
Managed Projects |
49,219 |
43,748 |
△5,471 |
△11.1 |