Geoje City: "Daewoo Shipbuilding Must Reexamine the Sale of Geoje University... A Cradle for Local Talent, Unilateral Sale Not Allowed"

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Sang-hyun] As Daewoo Shipbuilding & Marine Engineering is pushing for the sale of Geoje University, Geoje City has urged a reconsideration of the university's operational rights sale without communication with the local community.

On the 20th, Geoje City stated, "Geoje University is the only higher education institution in the region that opened with the declaration of specialization and the training of professionals demanded by the local community, serving as a cradle of local talent alongside Geoje citizens for over 30 years."

It continued, "Respecting such important public values of Geoje University, and to satisfy the educational demands of citizens through an organic relationship with the local community, we have continuously invested several hundred million won annually as a partner for the growth and development of Geoje University."

In particular, "At the time of its establishment, the Geoje International Foreign School received 3 billion won in national, provincial, and city funds, supporting orders in the shipbuilding and marine industry," it said.

Nevertheless, "The sale process should not proceed unilaterally without any communication with Geoje City and the local community, prioritizing only the capital logic of business normalization while neglecting the public value and founding purpose of Geoje University," it added.

Finally, it urged, "Daewoo Shipbuilding & Marine Engineering, as a local hometown company, should show a responsible attitude by fully considering the founding philosophy of Geoje University, the ecosystem of local talent recruitment by direct management and partner companies, the university's status operated by a large corporation, concerns about the outflow of local youth, the impact on the regional economy, and the worries of many citizens."

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