Dongmyung University and Panasia Sign MOU for Demand-Driven Talent Development and Glocal University 30 Initiative

Donation Ceremony Held for 150 Million Won Development Fund Over Five Years

Dongmyung University and the global eco-friendly energy equipment company Panasia held a business agreement signing ceremony and a development fund donation event on the 3rd to foster talent for Busan's industrial demand.

Through this agreement, Dongmyung University and Panasia pledged to successfully promote the Glocal University 30 project, which aims to expand beyond the region to the world, and to establish a co-growth model between leading local companies and universities.

The agreement includes: ▲Donation of the Do-ing Talent Development Fund for the successful promotion of Glocal University 30 ▲Operation of a three-semester-per-year Co-Op program in specialized fields of the Glocal University ▲Collaboration in establishing and operating a convergence graduate school in specialized fields of the Glocal University.

Panasia has pledged a total of 150 million KRW, donating 30 million KRW annually for five years from 2024 to 2028 as the Do-ing Talent Development Fund. This fund will be provided as internship scholarships linked to Panasia's job positions.

Chairman Lee Sutae stated, "As a leading company rooted in Busan and having grown into a mid-sized enterprise, we plan to actively engage in ongoing industry-academia cooperation," and added, "We will become a company that contributes to the development of the local community by preventing the outflow of local talent and providing quality jobs for young people in Busan."

President Jun Ho-hwan responded, "I deeply appreciate Chairman Lee Sutae of Panasia, a global leader, for generously donating the development fund for Dongmyung University's Do-ing education," and continued, "We will do our best to ensure Dongmyung University makes it to the final selection of the Glocal University 30 through substantial internships and more."

Panasia, a mid-sized company with over 350 employees, has recently begun full operation of its third plant, the Green EPC Center, and is engaged in all processes of the CCS (Carbon Capture and Storage) business, from design and procurement to construction, in response to the energy transition era.

In particular, Panasia is a global eco-friendly energy equipment company covering water quality and air, ranking first in the world market share for marine sulfur oxide reduction devices, and holds more than 270 intellectual property rights, including patents and utility models. Recently, it has also entered the hydrogen industry in earnest by developing the hydrogen extractor 'Panagen.'

Dongmyung University is taking a commemorative photo after signing a demand-driven talent development and Glocal University 30 agreement with Panasia.