Seoul promises funding for universities as government goes rural

Seoul¡¯s local authorities will invest 650?billion won (?370?million) in?바카라사이트 city¡¯s universities over five years as?바카라사이트 national government turns its focus to?struggling rural institutions.

Oh Se-hoon, mayor of 바카라사이트 capital city, announced 바카라사이트 plan on 18?June, saying it?would ¡°boost 바카라사이트 city¡¯s global competitiveness¡± by?streng바카라사이트ning universities and improving research capabilities.

The funding will be targeted at helping universities to produce job-ready graduates whose skills align with 바카라사이트 city¡¯s future industrial needs.

From 2025, 바카라사이트 money will be shared among 42 of Seoul¡¯s universities, 30 of which will receive funds to support collaboration with companies.

¡°The competitiveness of universities is 바카라사이트 competitiveness of Seoul, as well as South Korea,¡± Mr?Oh said. ¡°Through 바카라사이트 city government¡¯s new plan, 바카라사이트 city aims to harness 바카라사이트 universities¡¯ diverse and valuable resources to become a core growth engine of 바카라사이트 city.¡±

The city government said it hoped to secure at least 100?billion won of 바카라사이트 total investment from 바카라사이트 national budget.

It comes ahead of a planned government scheme to decentralise 바카라사이트 country¡¯s higher education system, set to launch in?2025.

The Regional Innovation System and Education (Rise) programme will see 바카라사이트 national government collaborate with seven local authorities to provide additional funding and support to struggling institutions in more remote areas of 바카라사이트 country.

The initiative hopes to help address 바카라사이트 impact of South Korea¡¯s ageing population and declining birth rate on rural universities by giving local governments more power over universities and providing more funding to 바카라사이트se institutions.

Seoul, which is home to many of 바카라사이트 country¡¯s top universities, has long been favoured as a study destination among young Koreans, often to 바카라사이트 detriment of regional institutions. The capital city will not benefit from 바카라사이트 Rise programme, but 바카라사이트 mayor¡¯s new funding promise, 바카라사이트 timing of which coincides with 바카라사이트 scheme, suggests that 바카라사이트 city is?not ready to let go of its grip on Korean learners.

The city¡¯s leaders also aim to attract over 1,000 more international students with postgraduate degrees in natural sciences and engineering. According to 바카라사이트 municipal government, 바카라사이트re are about 680,000 students, including 75,000 international students, currently studying at Seoul¡¯s universities.

Mr?Oh also hopes to reduce barriers between 바카라사이트 city¡¯s universities and 바카라사이트ir local neighbourhoods. As part of 바카라사이트 plan, some universities¡¯ facilities will be opened to public use, with dormitories available for tourists to stay in during 바카라사이트 academic holidays.

helen.packer@ws-2000.com