ID :
44014
Tue, 02/03/2009 - 20:13
Auther :
Shortlink :
https://oananews.org//node/44014
The shortlink copeid
Gov't to build global research-education campus at free economic zone
By Lee Joon-seung
SEOUL, Feb. 3 (Yonhap) -- The government will set aside 40 billion won this year to help establish a global research-education campus at the Incheon free economic zone (FEZ).
The campus is set to open in 2010 in Songdo, about 40 kilometers west of Seoul,
and will be composed of between 4 and 10 local and foreign universities that
will pool resources to conduct research and educate students in cutting edge
technologies, the Ministry of Knowledge Economy said.
It said at present State University of New York at Stony Brook has agreed to
establish a collage at the campus, while the State University of North Carolina
is close to signing a similar contract.
Local universities like Yonsei and Inha are currently negotiating with foreign
schools to come to the campus. Talks are underway with Britain's Surry University
and Delaware States University, while the Salk Institute, a U.S.-based
laboratory, set up a Joint Center for Biology at Songdo late last year.
"Initially the campus will house 3,000 students and researchers, but will be
built up in the next five years to cover 297,000 square meters and house 10,000
students," a ministry official said, adding that the educational and research
focus will be centered on the information technology and biotech areas.
The official said that schools want to attract students not only from South Korea
but also from other Asian countries.
Seoul said it plans to use 9.6 billion won of the total set aside to provide
incentives to schools that include initial operating costs and funds needed to
open schools.
The ministry in charge of the country's industrial policy and the FEZs said the
40 billion won earmarked for this year is a sharp increase from 5 billion won set
aside to attract the participation of foreign schools in 2008.
It said foreign universities could act as an "anchor" to attract foreign direct
investments to the country's 10 FEZs that are key to economic growth and job
creation.
South Korea initially set up Incheon, Busan-Jinhae and Gwangyang as open free
zones in 2003, and has since steadily increased the number to encompass key
regions currently being built up to help the country become a Northeast Asian
economic hub.
SEOUL, Feb. 3 (Yonhap) -- The government will set aside 40 billion won this year to help establish a global research-education campus at the Incheon free economic zone (FEZ).
The campus is set to open in 2010 in Songdo, about 40 kilometers west of Seoul,
and will be composed of between 4 and 10 local and foreign universities that
will pool resources to conduct research and educate students in cutting edge
technologies, the Ministry of Knowledge Economy said.
It said at present State University of New York at Stony Brook has agreed to
establish a collage at the campus, while the State University of North Carolina
is close to signing a similar contract.
Local universities like Yonsei and Inha are currently negotiating with foreign
schools to come to the campus. Talks are underway with Britain's Surry University
and Delaware States University, while the Salk Institute, a U.S.-based
laboratory, set up a Joint Center for Biology at Songdo late last year.
"Initially the campus will house 3,000 students and researchers, but will be
built up in the next five years to cover 297,000 square meters and house 10,000
students," a ministry official said, adding that the educational and research
focus will be centered on the information technology and biotech areas.
The official said that schools want to attract students not only from South Korea
but also from other Asian countries.
Seoul said it plans to use 9.6 billion won of the total set aside to provide
incentives to schools that include initial operating costs and funds needed to
open schools.
The ministry in charge of the country's industrial policy and the FEZs said the
40 billion won earmarked for this year is a sharp increase from 5 billion won set
aside to attract the participation of foreign schools in 2008.
It said foreign universities could act as an "anchor" to attract foreign direct
investments to the country's 10 FEZs that are key to economic growth and job
creation.
South Korea initially set up Incheon, Busan-Jinhae and Gwangyang as open free
zones in 2003, and has since steadily increased the number to encompass key
regions currently being built up to help the country become a Northeast Asian
economic hub.
