KAIST

A Korean American businessman and his wife, Byiung Jun Park and Chunghi Hong, donated 10 million USD for the construction of the building.

KAIST hosted an opening ceremony on May 11, 2010 for the new addition to its campus, called the Chunghi & Byiung Jun (BJ) Park KAIST Institute Building. The KI Building will serve as a hub for creative multidisciplinary researches.

A Korean American businessman and his wife made a considerable contribution for the construction of the building, worth 10 million USD. KAIST called the building Byiung Jun (BJ) Park and Chunghi Hong in recognition of their contribution. Chairman Park was the founder of the Merchandise Testing Laboratory, a leading textile quality control multinational.

It took 19 months to finish the construction of the KI Building with a total cost of 36 billion Korean won. The building consists of one basement and five ground floors. At the basement, there are clean room and equipment storage room; on the 2nd and 3rd floors, conference and exhibition halls; and on the rest of the floors, research labs and administration offices are to be located.

KAIST’s eight integral research institutes will be placed inside the building: the BioCentury; Information Technology Convergence; Design of Complex Systems; Entertainment Engineering; the NanoCentury; Eco-Energy; Urban Space and Systems; and Optical Science and Technology. Approximately 230 professors from 25 departments of various academic fields will make the KI Building home for study and research. The KI Building will play a great role in producing world-class convergence research works by KAIST researchers and professors, thereby making a contribution to the improvement of national competitiveness.

Vice President of KI Building, Sang-Soo Kim, said, “There has been no such place for us to concentrate research manpower and equipment scattered around the campus. By having all the necessary resources at one place will allow us to conduct convergence researches more efficiently and effectively. I’d like to express my appreciation for the Ministry of Education and Science and Technology as well as Chairman Byiung Jun (BJ) Park, who gave us tremendous supports in the process of constructing the KI Building.”

“The building’s inside has a unique office structure, getting rid of walls or partitions between institutes or departments, to stimulate an environment conducive to convergence researches. We hope to present a new model for creative multidisciplinary researches through a selective and focused approach to be facilitated by institutes at the KI Building,” added by the vice president.