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Overview

Hanban provides a grant for the establishment of Business Confucius Institute at Jeju National University, Republic of Korea

Commitment Year•2017Country of Activity•KoreaDirect Recipient Country of Incorporation•KoreaSector•EducationFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2017
End (actual)
Mar 24, 2017

Geospatial footprint

Map overview

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The project established the Business Confucius Institute at Jeju National University in Jeju, South Korea. The institute is located in the Ara Muse Hall. More detailed locational information can be found at https://www.openstreetmap.org/way/471490497.

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • Hanban, Confucius Institute Headquarters

Receiving agencies

Government Agencies

  • Jeju National University

Implementing agencies

Government Agencies

  • University of International Business and Economics (UIBE)

Loan description

Hanban provides a grant for the establishment of Business Confucius Institute at Jeju National University, Republic of Korea

Narrative

Full Description

Project narrative

In 2017, the Confucius Institute Headquarters (Hanban) and Jeju National University signed an agreement to establish the Business Confucius Institute at Jeju National University, Republic of Korea. As part of the agreement, Hanban is obligated to provide teaching materials, an annual fund, and numbers of Chinese instructors. The funds are dispersed through a local Bank of China account or other approved bank account created by the institute. The agreement has a 5-year validity and automatically renews at the end of every 5-year term. In 2017, Jeju National University and University of International Business and Economics (对外经济贸易大学), the cooperating partner, signed a supplementary implementation agreement. University of International Business and Economics agreed to provide one or two visiting scholars annually, donate teaching materials, and receive student study groups. The Confucius Institute was officially established on March 24, 2017.

Staff comments

1. The Chinese name of the Confucius Institute is 韩国济州大学商务孔子学院. 2. The precise establishment date of this Confucius Institute is unknown. For the time being, AidData has coded the commitment_year field as 2017 as this was the year this Confucius Institute was established and marked the committment_year_estimated? field as True. This issue merits further investigation.