’Chung Ju-yung Kids’ program to spur hiring

By Kim Yoo-chul

The Asan Nanum Foundation (ANF) said Thursday it will run an internship program to help jobseekers gain work experience.

ANF was established by the owning families of Hyundai Group with 500 billion won as the initial operational budget in October this year in memory of the late Hyundai founder Chung Ju-yung.

Under the plan, it will provide 1,000 young jobseekers opportunities to obtain internships at various international organizations and overseas affiliates of South Korean firms on an annual basis.

``The internship program is the biggest of its kind. The `Chung Ju-yung kids,’ as we will call them, will see internship chances in working for overseas offices of Korean firms in China, India, Russia, Brazil and the Middle East for six months,’’ said an ANF spokesman.

``ANF is also in talks with several predetermined international organizations such as the United Nations to make the internship program stronger,’’ said the spokesman.

Initially, 200 interns will be dispatched to overseas operations of Hyundai Heavy Industries (HHI) in 11 different countries from next month for six months.

HHI is the world’s biggest shipbuilder.