Gyeonggi Province Attracts 20 Million Dollar Investment from German ENVIO

On the afternoon of the 26th, Gyeonggi Province Governor Kim Moon-soo signed an investment agreement with Christol Haks, President of ENVIO, a leading German environmental company, at the Provincial Government International Conference Room regarding a PCB (Polychlorinated Biphenyls) treatment facility for transformer contaminants.

ENVIO plans to invest 20 million dollars in constructing a PCB treatment facility for transformer contaminants in the Pyeongtaek Foreign Investment Enterprise Exclusive Industrial Complex, with construction to begin in 2007.

At the ceremony, Governor Kim stated, "Gyeonggi Province has the largest livestock industry in the nation," and said, "The problems caused by odor are not trivial. We ask ENVIO to find and help us with solutions."

He continued, "Gyeonggi Province has Paldang Lake, which is the water source that residents of Seoul, Incheon, and Gyeonggi Province drink," and said, "Germany has demonstrated considerable technology in addressing drinking water issues such as the Rhine River. Let us work together to develop eco-friendly technology where factories and drinking water sources can coexist."