Waegwan is the seat of government for Chilgok County, North Gyeongsang province, South Korea. It consists primarily of the administrative district of Waegwan-eup. It is situated on both sides of the Nakdong River, which is traversed by railroad, automobile and pedestrian bridges.
Waegwan is home to a Benedictine monastery and the United States Army base at Camp Carroll. It lies on the Gyeongbu Line of the Korean National Railroad, and is also connected to Daegu and other major cities via the Gyeongbu Expressway.