Managing waste abroad
Daewoo Engineering & Construction (CEO Park Young-sik) announced on Oct. 27 that it made a final report on Algeria’s waste improvement master plan in Algiers, the capital of Algeria, on Oct. 26 (local time), strengthening the cooperation in the environment sector between Korea and Algeria further.
The project is to establish the master plan for waste treatment facilities and seeking cooperation projects in the Blida and Bordj Bou Arreridj regions in Algeria. It is pushed ahead through “developing countries’ environment improvement master plan establishment programs” provided by the Ministry of Environment and Korea Environmental Industry and Technology Institute (KEITI) under the Ministry of Environment in order to help Korean companies to enter the global environment market.
The Ministry of Environment supported a total of 840 million won (US$742,377) of working expenses and a consortium of Daewoo E&C, Dong Myeong Engineering Consultants, Sunjin Engineering & Architecture, Byucksan Engineering & Construction Co. and Tobang Construction Co. is conducting services for 20 months from March 2014 to Nov. 2015.
This is the second time for Daewoo E&C to complete the environment improvement master plan establishment project in Algeria after the company won the El Harrach river basin maintenance project in 2011. Algeria is the first market developed by Daewoo E&C among domestic construction firms. In addition to the El Harrach river project, Daewoo E&C is carrying out various projects in overall construction sector from civil engineering, construction, and petrochemical to power plant, such as the river maintenance project in Constantine, Algeria-Oman fertilizer plant, gas-fueled combined cycle thermal power plants in Ras Djinet, and Boughzoul new city project.
On the same day, officials from the Ministry of Environment, including Park Kwang-suk, head of the Ministry of Environment, Lee Il-kyu, head of the KEITI and Lee Neung-jae, head of Sudokwon Landfill Site Management Corporation, and officials of the Daewoo E&C consortium had the second meeting with Algerian government officials before the final report. At the meeting, the Ministry of Environment of Korea and the Ministry of Water Resources and Environment officials discussed the follow-up project and cooperation plans in the future, based on the memorandum of understanding (MOU) between the two countries.
Algeria is struggling with an increasing urban waste, accompanied by the current economic development. Through the expansion of cooperation in the environment sector between the two countries, more and more domestic environment firms, including Daewoo E&C, will make inroads into the Algerian market.