Haenam-gun Designated for 3 Village Enterprises by the Ministry of the Interior and Safety

Ttangkkeut Haetsalchan Agricultural Cooperative Designated as an Advanced Village Enterprise

Haenam-gun Office Building Exterior (Photo by Haenam-gun)

[Asia Economy Honam Reporting Headquarters Reporter Kim Hyun] Haenam-gun, Jeollanam-do, has had three village enterprises selected for the 2021 Ministry of the Interior and Safety (MOIS) Village Enterprise Development Project.

According to Haenam-gun on the 9th, the newly designated village enterprises are Choho Agricultural Cooperative (Hyeonsan-myeon) and Namjjok Warehouse Agricultural and Marine Products Cooperative (Bukpyeong-myeon). Additionally, Ddangkkeut Haetsalchan Agricultural Cooperative (Hwasan-myeon) was selected as an advanced village enterprise, awarded to those demonstrating outstanding value realization and operational performance.

Ddangkkeut Haetsalchan Agricultural Cooperative has independently developed ice roasted sweet potatoes and continuously developed and launched products made from sweet potatoes, such as sweet potato jelly and dried sweet potato snacks for pets, gaining market popularity mainly among young consumers.

The MOIS-type village enterprises are designated annually through a public contest up to the third year. With the addition of these three, the total number of MOIS-type village enterprises in the area has reached ten.

Village enterprises are businesses based in villages that utilize local resources led by local residents to create jobs and generate profits. The corporation, composed of more than 70% local residents, must embody community spirit, public interest, locality, and entrepreneurship.

Once designated as a village enterprise, they can receive operational expenses, facility, and asset acquisition costs totaling 100 million KRW over three years (50 million KRW in the first year, 30 million KRW in the second year, and 20 million KRW in the third year).

Haenam-gun plans to conduct consulting in cooperation with the Haenam-gun Social Community Support Center to ensure that local village enterprises can be designated in the second MOIS-type Village Enterprise Development Project contest scheduled for April to May.

A county official stated, “We will actively support the revitalization of the local economy and community through village enterprises.”

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