Korean government to provide free test sites, test-beds for water firms
- 6 years ago
The Korean government has begun providing water companies with test sites and test-beds for their products.
This is expected to boost the competitiveness of smaller firms and help create new markets.
Park Se-young has more.
This technology can accurately monitor water pipes for leaks and can respond immediately.
The company that developed the technology is now able to test it at government-owned water facilities for free.
Starting this year, Korea's state-run water company K-water is providing domestic companies with private test sites and test-beds for their products.
K-water is also issuing declarations of performance, which can help companies enter markets at home and abroad.
Out of the 32 firms that applied for the test-bed support project, 21 passed the eligibility tests.
These companies will sign an agreement with the government and utilize over 100 facilities nationwide, including dams and filtration plants.
The land ministry and K-water aim to provide around 600 products and technologies with private test sites by 2022.
"Active industrialization of water technology will revive the economy, and increase the amount of business for small and medium-sized firms. We expect this to naturally create more jobs."
The opening of public facilities is expected to help foster the growth of companies and generate national wealth through expansion into overseas markets.
Park Se-young, Arirang News.
This is expected to boost the competitiveness of smaller firms and help create new markets.
Park Se-young has more.
This technology can accurately monitor water pipes for leaks and can respond immediately.
The company that developed the technology is now able to test it at government-owned water facilities for free.
Starting this year, Korea's state-run water company K-water is providing domestic companies with private test sites and test-beds for their products.
K-water is also issuing declarations of performance, which can help companies enter markets at home and abroad.
Out of the 32 firms that applied for the test-bed support project, 21 passed the eligibility tests.
These companies will sign an agreement with the government and utilize over 100 facilities nationwide, including dams and filtration plants.
The land ministry and K-water aim to provide around 600 products and technologies with private test sites by 2022.
"Active industrialization of water technology will revive the economy, and increase the amount of business for small and medium-sized firms. We expect this to naturally create more jobs."
The opening of public facilities is expected to help foster the growth of companies and generate national wealth through expansion into overseas markets.
Park Se-young, Arirang News.