"Ulsan-Gyeongnam, Uniting Capabilities"... Ulsan College of Science and Yeonam Institute of Technology Consortium Selected as Glocal University, Cooperating Together

30 Organizations Including Ulsan, Gyeongnam, HD Hyundai Heavy Industries, and LG Electronics Announce Joint Cooperation

The Ulsan and Gyeongnam local communities are joining forces to secure the Glocal University designation for the Ulsan College and Yeonam Institute of Technology consortium.

Ulsan City Hall

On the afternoon of the 19th at 3 p.m., Ulsan City will hold a joint agreement and declaration ceremony for the “Ulsan College-Yeonam Institute of Technology Consortium Glocal University 30” designation at the Citizens’ Hall on the first floor of the Ulsan City Council.

Attendees will include Ulsan Mayor Kim Doo-gyeom, Ulsan City Council Chairman Kim Ki-hwan, Gyeongnam Vice Governor Choi Man-rim, Jinju Deputy Mayor Cha Seok-ho, Ulsan College President Cho Hongrae, Yeonam Institute of Technology President Ahn Seungkwon, HD Hyundai Heavy Industries Vice President Lim Youngho, HD Hyundai Mipo Executive Director Choi Haejoo, LG Electronics Executive Director Lee Gilno, LG Energy Solution Executive Director Kim Namho, and representatives from nine joint promotion organizations and 21 joint cooperation organizations, totaling around 40 people.

The 21 joint cooperation organizations include Ulsan University, Ulsan National Institute of Science and Technology, Chunhae Health College, Korea Polytechnics Ulsan Campus, Ulsan Employment and Labor Office, Ulsan Regional Office of SMEs and Startups, Korea Institute of Industrial Technology Ulsan Branch, Human Resources Development Service of Korea, Ulsan Institute, Ulsan Economic and Job Promotion Agency, Ulsan Technopark, Gyeongnam Technopark, Ulsan Information Industry Promotion Agency, SK Energy, Sinsung Delta Tech, Ulsan Chamber of Commerce and Industry, Jinju Chamber of Commerce and Industry, Sacheon Chamber of Commerce and Industry, Ulsan SME Association, Ulsan Plant Managers’ Association, and Ulsan College Industry-Academic Cooperation Council.

The event will proceed with a presentation on the Glocal University vision, the joint promotion organizations’ agreement, and a joint cooperation declaration.

In particular, President Cho Hongrae, representing the consortium, stated in the vision presentation, “The Glocal University 30 initiative by Ulsan College and Yeonam Institute of Technology is a bold challenge for regional development, based on the pioneering spirit and DNA of challenge from Hyundai and LG, which have driven Korea’s industrialization and remarkable growth. By establishing a consortium between the two universities in Ulsan and Gyeongnam, we will create a synergy for educational innovation, build an industry-academia cooperation plant called ‘SimFactory’ linked to regional strategic industries, and foster professional talent for the Southeastern manufacturing belt, making this a successful educational model leading regional development.”

Subsequently, the nine joint promotion organizations, including Ulsan City, Gyeongnam Province, Jinju City, Ulsan College, Yeonam Institute of Technology, HD Hyundai Heavy Industries, HD Hyundai Mipo, LG Electronics, and LG Energy Solution, will sign an agreement for the “Ulsan College-Yeonam Institute of Technology Consortium Glocal University 30” designation.

Through this agreement, the organizations pledge to: ▲ cooperate for the successful implementation of the Glocal University project ▲ innovate education to foster customized talent needed by local industries ▲ strengthen research and industry-academia cooperation for technological development required by local industries ▲ enhance cooperation among local government, industry, academia, and research institutes for regional development and solving local issues.

Finally, representatives from the nine joint promotion organizations and 21 joint cooperation organizations will gather to declare their joint cooperation for the “Ulsan College-Yeonam Institute of Technology Consortium Glocal University 30” designation.

The joint cooperation declaration includes: ▲ collaborating to establish a co-growth system for the region, universities, and industries by breaking down institutional barriers ▲ cooperating to develop field-oriented educational models to foster technical talent leading industrial innovation in the Ulsan-Gyeongnam region ▲ collaborating on research and development of production technologies to nurture new and core industries in the region ▲ working together to foster outstanding technical talent and create quality new jobs demanded by the local community, thereby ensuring sustainable development of local industries and improving settlement conditions in the region.

Mayor Kim Doo-gyeom said, “The official designation of Ulsan College and Yeonam Institute of Technology as a Glocal University is a golden opportunity for ‘fostering manufacturing talent and regional coexistence in the Southeast region.’ We will further strengthen cooperation among local government, industry, and academia to nurture local industries, create jobs, and foster customized talent, thereby preventing youth outflow and opening a true era of local autonomy, all by working together with one heart and mind.”

Gyeongnam Vice Governor Choi Man-rim stated, “Among the wide-area cooperation tasks for co-prosperity in Busan, Ulsan, and Gyeongnam, the most important is jointly establishing a system for regional university innovation and local talent cultivation. The Glocal University wide-area consortium model in Ulsan and Gyeongnam is expected to become a national role model for overcoming crises facing local communities and universities. Gyeongnam Province will actively support this initiative.”

The Glocal University project is an initiative by the Ministry of Education to select and intensively support 30 universities that will lead the co-growth of universities and local communities by 2026.

The Ulsan College-Yeonam Institute of Technology Consortium was “preliminarily designated” as a Glocal University in April 2024 and is required to submit an implementation plan by the end of July.

After undergoing review and evaluation by the Ministry of Education, if the consortium is finally selected as a Glocal University at the end of August 2024, it will receive 100 billion KRW in support over five years.

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