Jeonbuk Province Accelerates Promotion of Fishermen's Village New Deal 300 Project

Emergency Execution of 27.1 Billion Won Budget

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Jeonbuk Province announced on the 20th that it will allocate a total of 27.1 billion KRW, including 22.6 billion KRW in national funds?which amounts to 69.3% of the total 2020 budget?and 4.5 billion KRW in provincial funds for the Fishing Village New Deal 300 project through this emergency supplementary budget, anticipating that COVID-19 will also impact the fishing village economy, and will proceed with rapid execution that breaks from convention.

The province plans to immediately allocate an additional 12 billion KRW in national funds, soon to be received from the Ministry of Oceans and Fisheries, to the relevant cities and counties, accelerating the execution of the 39.1 billion KRW Fishing Village New Deal 300 project budget for 2020.

The Fishing Village New Deal 300 project is a community-based living SOC project aimed at realizing an ‘innovative fishing village’ that is easy to access, attractive to visit, and full of vitality by modernizing essential fishing village infrastructure such as outdated piers and promoting specialized development reflecting regional characteristics to revitalize the local economy. Jeonbuk was selected for 14 sites in total?5 last year and 9 this year?where self-sustainability enhancement projects are underway.

Sites selected for the Fishing Village New Deal 300 project receive support for improvements directly related to enhancing citizens’ quality of life and revitalizing the local economy, including port improvements, fishing harbor facility maintenance, regional specialized facilities, landscape enhancement, and local income-increasing projects.

Jeonbuk Province has completed the basic plans and detailed designs for the five sites from the 2019 projects and plans to finish construction such as port maintenance and village environment improvements by the end of this year.

For the nine sites from the 2020 projects, basic plans and detailed designs focused on community needs are underway, reflecting the opinions of local councils to promptly and actively address residents’ inconveniences.

Jeonbuk Province recorded the highest national selection rate (63.6%) in this public contest over the past two years and secured a total project budget of 151.6 billion KRW (58 billion KRW in 2019 and 93.6 billion KRW in 2020), the largest national budget ever secured in the province’s fisheries sector. Based on this experience, the province plans to apply for 14 sites and 132.5 billion KRW in the 2021 contest to lay the foundation for a great leap forward in marine and fisheries development.

Choi Jae-yong, Director of the Agriculture, Livestock, Fisheries and Food Bureau of Jeonbuk Province, said, “The Fishing Village New Deal 300 project is a business that can lead to the activation and growth of marine tourism through specialized development of fishing villages and harbors in the province, so we plan to respond more actively to the public contest projects together with resident councils. Since COVID-19 is adversely affecting people’s livelihoods and the economy, Jeonbuk Province has proactively included the Fishing Village New Deal 300 project budget in the emergency supplementary budget for early execution.”

This content was produced with the assistance of AI translation services.