Australian outward investment case study
Australia’s AutoCRC (Cooperative Research Centre for Advanced Automotive Technology) has entered a joint technology research and education program with South Korea’s Kookmin University. AutoCRC is Australia’s centre for coordination for automotive research, development, commercialisation, education and international engagement.
Kookmin University’s Graduate School of Automotive Engineering is the leading automotive technology research and education institution in South Korea with close ties to South Korea’s automotive manufacturing industry.
Professor Yong-Seok Cho of the School of Automotive Engineering at Kookmin University says, “We will collaborate with AutoCRC in the areas of research, education and foster cooperation between our respective automotive industries”.
The first step will be the placement of key academic staff and graduate students into Australian research institutions, followed later by work on commercialising key technologies in both countries.
The auto team at the Seoul post contributed to this success by introducing Professor Cho of Kookmin University to the Victorian Government Business Office, Tokyo, last December as part of the Automotive Market Access Program (AMAP).
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