Korea Water Resources Corp. (K-water) President Yun Seog-dae speaks during the Asia Water Council's board meeting during the 10th edition of the World Water Forum in Indonesia, Sunday. Courtesy of K-water

The Korea Water Resources Corp. (K-water) is poised to propose a paradigm shift to the industry by introducing cutting-edge digital technologies in water management at the World Water Forum in Indonesia, the state-run water management agency said, Monday.

According to K-water, the agency and the Ministry of Environment are attending the forum's 10th edition, which is the largest international gathering in the water sector involving various stakeholders. The event is scheduled to run until Saturday.

Under the theme of "Water for Shared Prosperity," this year's forum is taking place in Indonesia with several government officials, international organizations, private companies and scholars.

K-water will operate information booths on Korea and its own plans to promote and introduce the nation's water products.

Also, as the chairman of the Asia Water Council (AWC), K-water will present implications on solving global water problems by running an AWC information booth and publishing "Insight into Asian Water," written by 20 Asian water specialists.

Notably, K-water will present the company's cutting-edge digital technologies in water management involving artificial intelligence, for example, and introduce the need for a paradigm shift in the industry.

Moreover, K-water aims to reinforce the international cooperation system to resolve global water risk issues. On Sunday, the company attended the United Nations High-level Experts and Leaders Panel on Water and Disasters (HELP) and the AWC board meeting.

Furthermore, K-water signed an official development assistance (ODA) agreement with the Indonesian government on building a carbon-neutral water purification plant in the future capital of Nusantara, as well as an agreement with the Mekong River Commission (MRC) on extending cooperation in downstream Mekong River development.

"Through the World Water Forum, K-water plans to present its cutting-edge digital technologies on water management to the world and lead setting the global agenda to a shift in paradigm to digital water management," K-water President Yun Seog-dae said.

Established in 1997 to solve global water issues, the World Water Forum takes place every three years. As a chairing organization of the AWC, K-water hosted the seventh edition of the global event in Daegu and North Gyeongsang Province in 2015.