Vietnam
- Develop recycling scrapped car project business with Ministry of Natural Resources and Environment
Name of the business
Development of circular material flow and an eco-friendly recycling area for a sustainable automotive industry in Vietnam
Target area of the business
- Nam Dinh province (Northern Part)
- Quang Nam Province (Middle Part)
- Long An Province (Southern Part)
Purpose
- Vietnam, KOR-VIET, develop circular economic business model, which reproduce – collect – recycle – reuse – rereproduce materials related to manufacture automobile industry in the world
- Development of an eco-friendly and technologically advanced recycling zone for sustainable automotive materials (Some areas)
- Supporting sustainable production and consumption and the supply chain for international automotive manufacturing parts
- Building regional networks through the transfer of South Korean automotive industry technology, training technical personnel, and creating jobs
- By saving components and energy, reduce greenhouse gas emissions and the impact on climate change, and contribute to sustainable development goals
Beneficiary
- (Direct Beneficiary) 20 recycling industries and facilities in Vietnam, Education related to knowledge development and technology transfer, 15 training institutions and 50 thousand students
- (Indirect Beneficiary) General residents and the general public of the project target area: Nam Dinh(400 thousand), Quang Nam(1.4 million), Long An (2 million), Protect Environment, Economic circulation and over 100 Sustainable Development institutions