default_top_notch
default_news_top
default_news_ad1
default_nd_ad1

Sources of funding still unclear for KEPCO's university

기사승인 2019.02.04  12:03:51

공유
default_news_ad2

The state-run Korea Electric Power Corp. (KEPCO), which is currently seeking to open its own university in South Jeolla Province in 2022, is expected to face hurdles in opening on time amid financial and administrative challenges, industry watchers said Monday.
In January, KEPCO selected the Booyoung Country Club golf course in Naju, 355 kilometers south of Seoul, as the site of the planned university.

KEPCO headquarters in Naju, South Jeolla Province (Yonhap)


Under KEPCO's vision, the university will have some 1,000 students and 100 professors, with the opening date scheduled for March 2022. The official name is yet to be selected.
The university will seek to become the country's top institution in the field of energy studies in 20 years, the company said.
The state-run firm, however, has not yet found ways to raise the funds needed to establish the university, which are estimated at 500 billion won (US$448 million). KEPCO also needs 50 billion won annually to run the school.
"Currently, there are no fixed plans on where to secure the fund," a KEPCO official said. "The fund, however, will be shared by the central and regional governments."
As a separate law needs to be passed to make it possible to financially assist KEPCO's university, a delay is anticipated as the Liberty Korea Party, the main opposition, is currently criticizing the project.
Supporters of KEPCO's university claim that the university is needed to foster the country's capabilities in the field of energy studies.
The university is also considered a flagship project of the Moon Jae-in administration for the southwestern region.
The South Korean government has been rolling out various new energy policy guidelines, such as breaking away from nuclear energy and rolling out what it calls the hydrogen economy policy. (yonhap)

Son Da-som edt@koreapost.com

<저작권자 © 코리아포스트 무단전재 및 재배포금지>
default_news_ad5
default_side_ad1
default_nd_ad2

인기기사

default_side_ad2

포토

1 2 3
set_P1
default_side_ad3

섹션별 인기기사 및 최근기사

default_side_ad4
default_nd_ad6
default_news_bottom
default_nd_ad4
default_bottom
#top
default_bottom_notch