Overview

Hanban provides a grant for the establishment of Confucius Institute in Seoul

Commitment Year•2004Country of Activity•KoreaDirect Recipient Country of Incorporation•KoreaSector•EducationFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jun 1, 2004

End (actual): Nov 21, 2004

Geospatial footprint

Map overview

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This project established the Confucius Institute at the Institute for Korean-Chinese Cultural Relationship in Seoul, South Korea. It is located on the 3rd floor of the Jangyeon building 635-10, Yeoksam-dong, Gangnam-gu, Seoul. More detailed locational information can be found at: https://www.openstreetmap.org/way/557469280

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

NGO/CSO/Foundations

Institute for Korean-Chinese Cultural Relationship

Loan description

Hanban provides a grant for the establishment of Confucius Institute in Seoul

Narrative

Full Description

Project narrative

In June 2004, the Confucius Institute Headquarters (Hanban) and Institute for Korean-Chinese Cultural Relationship (韩中文化协力研究院) signed an agreement to establish Confucius Institute in Seoul. 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. The Confucius Institute was officially established on November 21, 2004. This was the first Confucius Institute to be established in the world.

Staff comments

1. The Chinese name of the Confucius Institute is 首尔孔子学院. 2. The precise establishment date of this Confucius Institute is unknown. For the time being, AidData has coded the commitment_year field as 2004 as this was the year this Confucius Institute was established and marked the committment_year_estimated? field as True. This issue merits further investigation.