PRESS DIGEST - South Korean newspapers - Jan 11

SEOUL Thu Jan 10, 2008 7:27pm EST

SEOUL Jan 11 (Reuters) - The following is a summary of major South Korean newspapers on Friday, prepared by Reuters in Seoul. Reuters has not checked the stories and does not guarantee their accuracy.


- A Seoul National University team is selling its nanoparticle production technology to Hanwha Chemical (009830.KS) for 4.3 billion won ($4.59 million).


- The grand canal project, a main campaign pledge by President-elect Lee Myung-bak, may begin in early 2009, said Lee Dong-kwan, a spokesman for Lee's transition team.

- The United Nations forecast the South Korean economy will grow 5 percent in 2008, from last year's estimated 4.9 percent rise, despite a slowdown in the global economy. (Writing by Mee Hyoe Koo; Editing by Sei Chong)