Korean Spicy Chicken and Potato (Tak Toritang)

2 large potatoes , cut into medium chunks

2 carrots , cut into 2 inch pieces or 10 -12 baby carrots

1 large onion , cut into 8 pieces

1 green bell peppers , diced or 1 red bell pepper

4 garlic cloves , chopped

1/2 cup water

1/3-1/2 cup soy sauce

2 tablespoons white sugar (or to taste)

1 teaspoon fresh ginger

3 tablespoons hot pepper paste or 3 tablespoons korean red pepper paste or 3 tablespoons sweet chili sauce or 3 tablespoons hot sauce