Exciting New Partnership Announcement for W-Foundation
W-Foundation, Gangwon Provincial Office, Interpark, and Hansol Oak Valley signed a partnership agreement to support the HOOXI campaign, Korea’s government-backed Greenhouse Gas (GHG) reduction campaign
Last Saturday (28 July), W-Foundation, Gangwon Provincial Office, Interpark, and Hansol Oak Valley signed a partnership agreement in support of the HOOXI campaign — Korea’s government-backed Greenhouse Gas (GHG) reduction campaign. Part of this partnership agreement also entails actively vitalizing the greenhouse gas reduction campaign movement in Gangwon Province.
The partnership agreement ceremony was graced by Moonsoon Choi (Gangwon Province Governor), Jongsung Lim (Member of the National Assembly), Sangkyu Lee (CEO of Interpark), Chulkyu Han (CEO of Hansol Oak Valley), Seyong Kim (CEO and President of Wonju MBC), Wook Lee (Chairman of W-Foundation) and Kyung-geun Hong (President of W-Foundation).
Through the partnership, the four organizations will work together to promote the HOOXI campaign, and collaborate to spread the GHG reduction campaign initiatives in Gangwon Province. The initiatives are proposed after extensive research in the fields of carbon emission and greenhouse gas.
Gangwon Province is the strategic partner for the HOOXI campaign as it is the city’s leading institution that fosters an eco-friendly, low-carbon, and energy-future industry. Currently, the government is promoting developments in the transportation, tourism, and manufacturing industries, as well as establishing the production of industrial parks.
By the year 2023, Gangwon Province plans to attract 2,520 billion won (approx. US$2.2 billion) worth of private and public investment fundings. It also plans to establish a carbon resource-related cluster through the integration of a Carbon Money System, a CO2 Village, as well as a Research and Development Center that specializes in carbon resource development. In addition, through Gangwon Province’s projected investment of 451 billion won (approx. US$403 million) by 2022, the project is anticipated to secure 90,000 tons of carbon emissions, create 1,100 jobs, and generate 1,500 billion won in production.