Gimhae-si Advances Livestock Facility Modernization and ICT Convergence Project ... Building Future Livestock Industry

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Sang-hyun] Gimhae City, Gyeongnam Province announced on the 3rd that it will actively promote the modernization project of livestock facilities and the ICT convergence project in the livestock sector for advanced future livestock farming.

The modernization project of livestock facilities aims to respond to the opening of the global market through FTAs such as Korea-US, Korea-EU, and the Commonwealth, presenting a blueprint for future livestock farming by constructing new modernized livestock barns and expanding or remodeling existing ones.

This year, the city will invest 6.5 billion KRW to carry out modernization projects for four livestock barns in Hallim-myeon and Saengnim-myeon.

Eligibility for application includes farms or agricultural corporations that have obtained livestock business permits or registrations before December 31, 2014. Applications are accepted around September to October of the year before the project implementation, with loans covering 80%, self-payment 20%, and interest rates set between 1-2% depending on the project scale.

Additionally, the city is expanding the ICT convergence project in the livestock sector.

This project introduces a future intelligent livestock barn management system, supporting production management programs, internal and external environment monitoring and control equipment within the barns, and automated equipment capable of remote (or automatic) control.

This year, the city is investing 300 million KRW in the first phase of the project, currently underway at six locations, with the second phase planned for 17 locations and a budget of 1.8 billion KRW.

Eligibility for application includes those who have obtained livestock business permits or registrations. The funding consists of 30% national funds, 50% loans, and 20% self-payment, with a loan interest rate of 2%. Applications are accepted around December of the year before the project implementation.

Kim Sang-jin, Director of the Agricultural Technology Center, stated, “For our livestock industry to gain competitiveness in the future, it is essential to gradually expand and discover such future livestock projects. We will do our best to build a sustainable future livestock industry that coexists with local residents and harmonizes with the environment.”

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