□ Doosan Group Yonkang Foundation (Chairman Y.H. Park) opened DOOSAN Gallery New York in Chelsea, New York City on July 9 (local time).

□ DOOSAN Gallery New York, Korea’s first non-profit international exhibition facility, is part of the Artist Incubating Program of the Doosan Art Center. The program is designed to provide promising young Korean artists with an opportunity to work on the global stage, and thus enhance the level of Korea’s culture.

□ DOOSAN Gallery New York measuring 160 sq. meters in total floor space will provide assistance to young Korean artists by convening some 10 exhibitions annually, while supporting their exchanges and cooperation with renowned curators, critics and galleries.

□ Earlier in early June, Yonkang Foundation had launched “Doosan Residency New York” in Chelsea, New York City in a project designed to provide select artists with special workshops and residential space to ensure that they can concentrate on creative work.

□ Chairman Y.H. Park said at the inaugural ceremony of the gallery, “I am very pleased that Doosan offers an exhibition space and assistance programs for Korean artists in New York, the global hub of art,” adding, “I hope that the gallery will serve as a catalyst for

promoting Korea to the global art community.”

□ Meanwhile, the gallery holds the inaugural exhibition, 'D AiR (Doosan Artist in Residency),' which features artwork of three artists who are based at Doosan Residency New York, and which will continue through August 8. The trio are Hyeong Gu Lee (39), a sculptor

who exhibited his work independently at the 2007 Venice Biennale, Su Jin Jeong (39), who held her private exhibition at Arario New Work this year, and U Ram Cheo (38), who was invited to the Liverpool Biennale in 2008. All of them are members of Class 1 of Doosan

Residency New York.

[Photo caption]

1. Doosan Arts Center held a tape-cutting ceremony to launch “DOOSAN Gallery New York,” and “Doosan Residency New York” in Chelsea, New York on July 9 (local time). From left: General Manager Seokran Kang with Doosan Art Center, artist U Ram Cheo, artist

Su Jin Jeong, Doosan Chairman Y.H. Park, artist Hyeong Gu Lee, and Doosan Heavy Industries and Construction’s Taejong Lee.

Doosan Group Yonkang Foundation Opens Doosan Gallery New York