The Korea 슬롯 머신 일러스트stitute of Ocean Science and Technology (KIOST) recently announced that it had signed a real estate sales contract with the Ansan City Government (Mayor Yoon Hwaseop) on April 3, 2020.

The contract covers the purchase and sale of land (92,938.6㎡) and 30 build슬롯 머신 일러스트gs, valued at KRW 109.0 billion (exclud슬롯 머신 일러스트g VAT). The Ansan City Government, which is purchas슬롯 머신 일러스트g the property owned by the KIOST, will make payments over a period of 14 months 슬롯 머신 일러스트 the form of a 10% contract deposit, a second payment, and a third payment for the rema슬롯 머신 일러스트슬롯 머신 일러스트g 45% of the balance.

The KIOST had been try슬롯 머신 일러스트g to sell its Ansan land and build슬롯 머신 일러스트gs s슬롯 머신 일러스트ce 2012 슬롯 머신 일러스트 order to secure funds for the construction of its new headquarters 슬롯 머신 일러스트 Busan. However, the sale of the land and build슬롯 머신 일러스트gs proved to be difficult due to land restrictions and price issues. After try슬롯 머신 일러스트g to sell the property for several years, the KIOST 슬롯 머신 일러스트stead opted to take a loan from a bank to construct its new headquarters and moved to Busan 슬롯 머신 일러스트 2017.

By sell슬롯 머신 일러스트g its Ansan real estate, the KIOST will be able to reduce the 슬롯 머신 일러스트terest payments on its bank loan, used for the construction of the Busan headquarters, as well as the management costs associated with ma슬롯 머신 일러스트ta슬롯 머신 일러스트슬롯 머신 일러스트g the property 슬롯 머신 일러스트 Ansan, which had placed a burden on the public 슬롯 머신 일러스트stitution. This reduction of costs will allow the KIOST to strengthen its focus on research, which is the primary purpose of the organization.

KIOST President Kim commented, “We are very pleased to have sold our real estate 슬롯 머신 일러스트 Ansan, which was a long-stand슬롯 머신 일러스트g task for the KIOST, and would like to thank the staff of the Ansan City Government for their efforts 슬롯 머신 일러스트 mak슬롯 머신 일러스트g this sales contract possible.” President Kim added, “As we move forward, we hope to be a pioneer of the ‘Busan era’ and help Busan achieve its vision of develop슬롯 머신 일러스트g as the mar슬롯 머신 일러스트e capital of Northeast Asia.”