Lotte Scholarship Foundation Supports Library and Scholarships in Indonesia... Totaling 1.3 Billion KRW

1000 Indonesian Scholarship Students
Cumulative Support of 660 Million Won
Construction of 19 Local Elementary School Libraries

The Lotte Scholarship Foundation announced on the 29th that it held a library construction ceremony and scholarship award ceremony in Indonesia.

The foundation plans to support 100 million KRW for the construction of libraries at four elementary schools located in Jakarta, the capital of Indonesia, while also awarding scholarships totaling 30 million KRW each for the first and second halves of the year to 50 students from 10 universities.

Jang Hye-seon, Chairperson of the Lotte Scholarship Foundation (center), participated in the library construction ceremony held at an elementary school in Jakarta, Indonesia, on the 26th.
[Photo by Lotte Scholarship Foundation]

At the library construction ceremony and scholarship award ceremony held on the 25th and 26th respectively, Jang Hye-seon, Chairperson of the Lotte Scholarship Foundation, Lee Seung-hoon, Chairperson of the Lotte Welfare Foundation, local heads of Lotte affiliates in Jakarta, university presidents, and representatives from partner and beneficiary institutions attended.

The Lotte Scholarship Foundation began providing scholarships in Indonesia in 2010 and has supported approximately 660 million KRW to date. The Lotte Shin Kyuk-ho Global Scholarship provided to Indonesia this time will support 5 students each at 10 Indonesian universities annually with 1.2 million KRW per student.

Additionally, since 2017, the foundation has been carrying out a project to build libraries in elementary schools, reaching its 19th library this year. The cumulative amount supported for library construction is approximately 600 million KRW. The remaining two libraries, for which no ceremony was held, are scheduled to be built within this year. Each elementary school supported for library construction has about 150 students studying there, and either lacks a library or uses some space as a makeshift library.

At the scholarship award ceremony, Jang Hye-seon, Chairperson of the Lotte Scholarship Foundation, said, "We look forward to good results from Indonesian students through the Lotte Shin Kyuk-ho Global Scholarship." At the library construction ceremony, she stated, "We expect you to encounter a new world and develop through an environment where you can read books."

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