Preliminary Candidate Min Hyung-bae "Welcomes Non-Approval of Funding for Establishing KEPCO University"

[Asia Economy Honam Reporting Headquarters, Reporter Yoon Jamin] Min Hyung-bae, a preliminary candidate of the Democratic Party for the National Assembly election in Gwangsan-gu (Eul), Gwangju Metropolitan City, announced on the 4th, "We welcome the Korea Electric Power Corporation (KEPCO) board of directors' resolution on the 'funding contribution report' for the establishment of 'KEPCO University.'

Candidate Min stated, "The establishment of KEPCO University is an essential project for the mutual growth of Gwangju and Jeonnam, including the AI Industrial Complex," and added, "We will actively support ensuring that the originally targeted opening of KEPCO University in March 2022 proceeds without any setbacks."

Min predicted, "The Ministry of Education's University Establishment Review Committee had postponed discussions on the approval of the 'KEPCO University School Corporation,' requesting a concrete funding plan," and continued, "Since the board has now approved a specific funding plan, there should be no issues with establishing the school corporation."

He also emphasized, "According to the board's funding plan, approximately 880.1 billion KRW will be required for establishment and operation from March 2022 to 2031," and stressed, "It is necessary to secure a significantly larger amount of national budget than usual."

Furthermore, he said, "While working as the Secretary for Autonomy Development at the Blue House, I managed the President's Honam regional pledges for mutual growth of Gwangju and Jeonnam, including the establishment of KEPCO University, the Gwangju-type job project, and the creation of the Artificial Intelligence (AI) Industrial Complex," and added, "If elected as a member of the National Assembly, I will leverage that experience to do my best in securing national budget for the establishment and operation of KEPCO University, including revising related laws."

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