Sangju City Secures Additional 10 Billion KRW in FTA National Funds to Accelerate Fruit Tree Facility Modernization

Secured 8.8 Billion KRW at the End of Last Year to Support 1,427 Fruit Tree Farms

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] Sangju City in Gyeongbuk announced on the 27th that it has secured an additional 10 billion KRW in national funding for the 'FTA High-Quality Fruit Tree Facility Modernization' project, enabling fruit farmers of the seven major fruit trees (apple, pear, grape, peach, etc.) to further enhance their competitiveness.

The city has been implementing the 'Fruit Tree Facility Modernization Project' since the end of last year by selecting 1,427 farmers (88 billion KRW) with the already secured 8.8 billion KRW FTA (Free Trade Agreement) budget. At that time, 2,089 farmers (19 billion KRW) wished to participate in the project, but less than 50% were selected relative to the project budget. Because of this, fruit farmers have faced difficulties in facility modernization and eco-friendly orchard management.

The additional national funding will support 16 detailed projects, including grape rain shelters, wells and irrigation facilities, renewal of superior varieties, and disaster prevention facilities. The plan is to promote the production of high-quality agricultural products as a key goal to develop not only the domestic distribution but also overseas markets.

Mayor Kang Young-seok of Sangju said, "Due to COVID-19, rural labor was in short supply, but with facility modernization, conditions have been created not only to reduce agricultural management costs but also to secure a leading position in domestic and international distribution markets through high-quality agricultural products," welcoming the additional national funding.

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