Pyongyang University of Science and Technology (PUST) will turn out its first graduates this year, the Yonhap News Agency reported May 20.

PUST is North Korea’s first privately funded university, jointly planned and founded by both North and South Korea in 2010 along with contributions from groups and individuals from other nations, particularly the United States and China.

An official at the Northeast Asia Foundation (NAFEC), which is in charge of running PUST with North Korea, told Yonhap that there will be a graduation ceremony on May 21 with 44 graduates with master’s degree in subjects including information, communication and