Jeongeup-si Extends Half-Price Agricultural Machinery Rental Fee Policy Until December

[Asia Economy Honam Reporting Headquarters Reporter Kim Jae-gil] Jeongeup City in Jeonbuk announced on the 29th that it will extend the benefit of reduced agricultural machinery rental fees until the end of December to minimize damage to farmers.

The city had temporarily implemented a 50% reduction in agricultural machinery rental fees until the 31st to alleviate the difficulties faced by farms due to COVID-19.

However, due to the prolonged COVID-19 situation, the city decided to extend the rental fee reduction period until December to resolve labor shortages on farms and reduce farm management costs.

Accordingly, any local farmer wishing to rent agricultural machinery will receive rental fee reduction benefits for all models (143 types, 1,314 units) held at the rental centers until December.

The city expects that about 4,000 farms will receive an additional reduction benefit of 50 million won if the rental fee reduction period is extended until December.

Mayor Yoo Jin-seop said, “I hope that the extension of the 50% reduction in agricultural machinery rental fees will provide some support to farms going through difficult times due to COVID-19,” and added, “We plan to continue preparing various support measures to minimize damage to farms.”

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