KCC, Scholarship to 'Minsago' Maintained by Late Honorary Chairman Jeong Sang-Young

Taking a commemorative photo of the Younghye Scholarship Certificate Award Ceremony with students from Minjok Leadership Academy. Yoon Jae-up, Executive Director of KCC (left), and Han Man-wi, Principal of Minjok Leadership Academy (far right).
[Photo by KCC]

[Asia Economy Reporter Kim Jong-hwa] KCC, in honor of the late Jeong Sang-young, Honorary Chairman of KCC, has awarded scholarships to outstanding and low-income students at Minjok Leadership Academy.

On the 22nd, KCC held the "2022 Late Jeong Sang-young KCC Honorary Chairman Scholarship Award Ceremony" and the "2022 Sunhye Scholarship Presentation Ceremony for Global Talent Development" at Minjok Leadership Academy (Minsago) in Hoengseong-gun, Gangwon Province. The purpose was to fully support excellent students so they can grow into global talents dedicated to the nation and the world.

On this day, KCC awarded the Yeonghye Scholarship Certificates, which cover full tuition for three years, to a total of 10 outstanding students. The Yeonghye (永慧) Scholarship was established with a fund of 10 billion KRW from the legacy of the late Honorary Chairman Jeong Sang-young, who passed away last year.

The scholarship embodies Honorary Chairman Jeong’s lifelong commitment to nurturing talent and his philosophy of "Injae Boguk (人材報國)"?repaying the country by cultivating the best talents. Starting this year, KCC plans to continue its interest and support to ensure that many students benefit from the fund.

Separately, a 1 billion KRW Sunhye Scholarship was also donated to the school. The Sunhye (善慧) Scholarship was created with 3 billion KRW contributed personally by Jeong Mong-jin, Chairman of KCC, and will be supported with 1 billion KRW annually for three years.

In addition to awarding scholarships, KCC has carried out infrastructure construction worth approximately 2 billion KRW at the group level to support the best educational environment at Minsago. Since last year, they have renovated aging classrooms, the auditorium, and the gymnasium to provide students with a comfortable learning environment, with only the main entrance construction remaining.

Various industry-academia linked talent development programs are also being conducted. In collaboration with the KCC Central Research Institute, science camps on specialized topics such as eco-friendly insulation materials, semiconductor packaging, analytical chemistry, and water resource environmental engineering are held, along with mentoring programs involving master’s and doctoral researchers.

A KCC official stated, "The late Honorary Chairman Jeong’s will to nurture talent and repay the country is being realized together with Minjok Leadership Academy, which cultivates the nation’s outstanding human resources," adding, "We will generously support students so they can grow into global talents and make their mark worldwide."

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