Yeosu City Selected for Local Industry Promotion Contest... Secures 1.1 Billion KRW Provincial Subsidy

Selected on the 29th after presentation and on-site evaluation, with a total investment of 2 billion KRW by 2022
Promoting rural convergence industry through corn product and brand development, and processing facility establishment

[Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Yeosu City (Mayor Kwon Oh-bong) announced the day before that it secured 1.1 billion KRW in provincial funds after being finally selected over competing cities and counties in the Jeollanam-do-led ‘2021 Local Industry Promotion Contest’ with its ‘Seomseom Yeosu Corn’ project.

The Local Industry Promotion Project supports product development, brand and design development, promotional marketing, and processing facilities to commercialize representative local resources of the region. Selection was made through a first round of document review and presentation, followed by a second round of on-site evaluation.

Since last year, Yeosu City has designated corn as a representative local agricultural specialty product, benchmarking major production areas such as Hongcheon-gun and Goesan-gun, and set the project direction to develop processing products unique to Yeosu City differentiated from other cities and counties, carrying out its own projects.

The Local Industry Promotion Project to be implemented from next year plans to produce corn noodles, corn, sauces, syrup, premixes, snacks, and tea through contract cultivation and purchase agreements between farms and processing companies, distributing them via Non-GMO school meals, local food direct stores, and online channels.

A city official said, “With this contest selection, we expect increased farm income and revitalization of the rural economy through the creation of high added value for Yeosu corn,” adding, “We will do our best to nurture it as a representative local agricultural specialty product following Dolsan mustard and Geomundo sea breeze mugwort.”

Meanwhile, the corn cultivation area in Yeosu City is 233 hectares, accounting for the largest 15% of the entire Jeonnam province, and the cultivation area has steadily increased over the past three years. Additionally, as a subtropical climate region, it has optimal climate conditions for corn cultivation, such as earlier harvesting compared to other regions.

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