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Park attends ceremony celebrating construction of synchrotron radiation facility

All News 10:30 September 29, 2016

By Song Sang-ho

POHANG, South Korea, Sept. 29 (Yonhap) -- President Park Geun-hye attended a ceremony celebrating the establishment of a facility for a powerful light source in the southern port city of Pohang on Thursday, offering her encouragement to researchers and construction workers.

The fourth-generation "synchrotron radiation" facility in the city, some 360 kilometers southeast of Seoul, is expected to pave the way for enhanced research on medical treatments, new drugs, artificial synthesis and new materials among others, experts said.

Seoul officials said the new facility, which is set to begin full-fledged operations in March, will not only improve various research activities but also help nurture new industries and reinvigorate the local economy.

The landmark facility creates a high-energy light source, 100 million times brighter and 1,000 times faster than the third-generation one, enabling researchers to better analyze ultrafine particles in real time.

The construction of the facility began in April 2011 with a budget of 429.8 billion won (US$393.4 million). Officials said 70 percent of the component parts were procured locally, which has helped save some 50 billion won in development costs.

With the construction completed, South Korea has become the third country after the United States and Japan to have such a state-of-the-art facility.

The Seoul government plans to provide 21.3 billion won next year to ensure the stable operations of the facility.

This photo, taken on Sept. 27, 2016, shows South Korean President Park Geun-hye attending a summit with Dutch Prime Minister Mark Rutte at the presidential office Cheong Wa Dae in Seoul. (Yonhap)

sshluck@yna.co.kr
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