policy
KAIST signed an agreement for industry-academia cooperation with KCC, Korea"s leading supplier of building & industrial materials, on May 28, university sources said.
The agreement signed by KAIST President Nam-Pyo Suh and Mong-Jin Chung, Chairman of the KCC Business Group, calls for KAIST and KCC to conduct joint research for the development of new technologies in nano science, new materials areas and interdisciplinary areas.
Under the agreement, KCC will invest 5 billion won into the KAIST Institute for the NanoCentury over the next five years.
KCC Chairman Chung said: "Through this industry-academia cooperation agreement, we are seeking to give part of our profits back to community . We hope this agreement to contribute to the development of core technologies of the future in the new materials field, and nurturing specialized manpower."
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