Multilateral MOU Signing... Establishing Public-Private Mutual Cooperation System

From the left, Chae In-hyuk, CEO of CJ OliveNetworks, Lee Yong-bin, member of the National Assembly from the Democratic Party of Korea, Park Woo-ryang, mayor of Sinan County, and Jeong Soon-nam, chairperson of the Jeonnam Social Innovation Network (Photo by Sinan County).

From the left, Chae In-hyuk, CEO of CJ OliveNetworks, Lee Yong-bin, member of the National Assembly from the Democratic Party of Korea, Park Woo-ryang, mayor of Sinan County, and Jeong Soon-nam, chairperson of the Jeonnam Social Innovation Network (Photo by Sinan County).

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[Asia Economy Honam Reporting Headquarters Reporter Seo Young-seo] Sinan County (Governor Park Woo-ryang) announced on the 26th that on the 25th, it signed a multilateral mutual cooperation (MOU) with ‘CJ OliveNetworks’ (CEO Cha In-hyuk) and ‘Jeonnam Social Innovation Network’ (Chairman Jeong Soon-nam) to collect and utilize the resources and assets of the islands to maximize the value of the islands and enhance the digital island culture.


The signing ceremony held at the Sinan County Health Center’s main conference room was attended by Sinan County Governor Park Woo-ryang, CJ OliveNetworks CEO Cha In-hyuk, Jeonnam Social Innovation Network Chairman Jeong Soon-nam, and other key officials.


According to this agreement, each organization will mutually cooperate on policy and technical research for utilizing Sinan County’s island resource and asset data, AI (Artificial Intelligence) and software (SW) education to create a digital island culture based on island resources and assets, and plans to produce results from public-private-governance collaboration.


Sinan County possesses abundant island resources and assets in various fields including renewable energy such as wind power, tidal power, and solar power, which are key drivers of the government’s New Deal projects, as well as history, culture, tourism, and marine fisheries.


Meanwhile, the Sinan County Archive, opened in 2018, stores many unstructured records related to island culture from the Japanese colonial period to the modern era, and continuous database construction work is regularly carried out.


CJ OliveNetworks, participating in joint research on technology and policy utilizing Sinan County’s public island data, plans to cooperate to increase the value of island data so that it can be used as future vision data for the nation.


Additionally, the representative social contribution program ‘SW (Software) Creative Camp’ will be conducted for elementary and middle school students residing in Sinan County to bridge the IT education gap between regions and help them grow into creative talents.


By introducing AI (Artificial Intelligence) and SW education courses remotely, quality software education using advanced technology such as understanding AI concepts and experiencing coding will also be supported.


At the ceremony, Lee Yong-bin (Gwangju Gwangsan-gap) National Assembly member delivered a congratulatory speech, stating, “Islands are another word for the ocean, and the places where the Republic of Korea should expand in the future are the northern regions and the ocean,” adding, “Islands are the forward base, but they have long been neglected within the constitutional values that effectively govern the territory.”


He continued, “Our government, which aims for an inclusive welfare state, cannot implement any vision or goal while neglecting the islands,” emphasizing, “When all dreams and plans related to the islands are well achieved, the inclusive welfare state that the Moon Jae-in administration aims for will be completed.”


He added, “I feel how important the island data dam is for the success of the Korean New Deal, which includes the Digital New Deal, Green New Deal, and regional balanced development New Deal.”


Following this, CJ OliveNetworks CEO Cha In-hyuk said, “In line with the government’s New Deal policy, the role of private companies is also important to maximize the value of local government data,” promising, “Through our big data analysis technology and capabilities, we will work together not only to activate Sinan County’s island data but also to realize the social value of national balanced development.”



Governor Park Woo-ryang stated, “Through this mutual cooperation among the public, private, and governance sectors, we expect to advance and newly utilize the unique island resources and asset data of Sinan County, build platforms, and contribute to the activation of the ‘data economy,’ which is the core of the Fourth Industrial Revolution,” adding, “This is an opportunity to serve as a catalyst for building an island data dam that can create policy ripple effects such as ecological environment conservation using smart technology, sustainable island development and policy establishment, improvement of island residents’ quality of life, and creation of digital youth jobs based on data such as AI. We will continue to strive based on the results of this collaboration.”


This content was produced with the assistance of AI translation services.

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