W5.8b assigned to Lee Kun-hee art collection next year

The government has allocated 5.8 billion won ($ 5 million) in next year’s budget to manage and exhibit artwork donated by the late Samsung Chairman Lee Kun-hee .

A total of 3.3 billion won has been allocated for research personnel, equipment and facilities as well as the creation of a database to manage the works of art, the ministry said on Tuesday. Culture, Sports and Tourism.

An additional 2.5 billion won will be used to organize a special exhibition to be held at the National Museum of Korea next year to commemorate the first anniversary of the bequest. Some key works of art from Lee’s collection that have been donated to public museums across the country will be on display at the National Museum at the same time.

“Several exhibitions are underway to show the collection next year, in addition to the first anniversary exhibition. Artworks donated to the NMK and MMCA will tour the country and be exhibited in regional branches of the two state museums, ”a culture ministry official told the Korea Herald.

The budget is part of the government’s record 604.4 trillion won budget for next year. According to the proposed budget, a total of 8.8 trillion won will be spent on culture, sports and tourism, an increase of 3.9 percent in one year.

Earlier this year, Lee’s family donated 23,000 works of art. The largest art donation in Korean art history – 21,600 antiques and 1,600 modern and contemporary works – was made to seven public museums and Seoul National University.

All 21,600 ancient works, including some 60 state-designated national treasures, went to the National Museum of Korea, while the majority of modern and contemporary works of art are housed at the National Museum of Modern and Contemporary Art of Korea. .

The regional public museums that received part of the donation are the Daegu Art Museum, the Gwangju Art Museum, the Park Soo Keun Museum in Gangwon Province, and the Lee Jung Seop Art Museum on the Jeju Island.

The government’s budget for the management and presentation of Lee’s donations follows the announcement of the establishment of the “Lee Kun-hee Donation Hall” in early July.

The proposed building is expected to be completed by 2028 at a cost of around 100 billion won. Details on the building have been kept under wraps, except that two sites in Seoul are under consideration for the new complex.

By Park Yuna ([email protected])

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