From left to right: Inha University president Park Choon-bae; Hanjin Group chairman Cho Yang-ho; GE chairman and CEO Jeff Immelt; and Chris Drewer, general manager of Asia-Pacific sales for GE Aviation, pose at the partnership signing ceremony held at a Seoul hotel on Monday. (Hanjin Group)
U.S. conglomerate General Electric donated $2 million to Inha University, owned by Hanjin Group, to build a new research and development center within the school, Korean officials said Wednesday.
Tentatively named the GE-Inha Innovation Center, the new facility will carry out joint research activities in the aviation, energy and environment sectors, they added.
GE chairman and CEO Jeff Immelt and Hanjin Group chairman Cho Yang-ho also attended the signing ceremony, held at a Seoul hotel on Monday, to celebrate the new partnership.
“Through the innovation center, we will support creative research activities and ideas of Korean students,” said Chris Drewer, general manager of Asia-Pacific Sales for GE Aviation.
“GE, together with Korean Air and Inha University, will continue to expand our partnership for the further development of Korea’s aviation industry.”
By Lee Ji-yoon (jylee@heraldcorp.com)
