General Electric donated $2 million to Inha UniversityStaff writer ▼ | November 20, 2014
General Electric donated $2 million to Inha University, owned by Hanjin Group, to build a new research and development center within the school, Korean officials said.
Hanjin Group To build a new research and development center
GE chairman and CEO Jeff Immelt and Hanjin Group chairman Cho Yang-ho also attended the signing ceremony, held at a Seoul hotel on Monday, to celebrate the new partnership.
"Through the innovation center, we will support creative research activities and ideas of Korean students," said Chris Drewer, general manager of Asia-Pacific Sales for GE Aviation.
"GE, together with Korean Air and Inha University, will continue to expand our partnership for the further development of Korea's aviation industry." ■