Jangheung-gun Announces Strong Leap Forward with First Export of 'Eco-Friendly Compound Feed'

Monthly Export of 14 Tons to the Philippines, $6 Million Contract Signed Over 10 Years

[Jangheung＝Asia Economy Honam Reporting Headquarters Reporter Seo Young-seo] Jangheung-gun, Jeollanam-do (Governor Jeong Jong-sun) announced on the 18th that following the completion of an eco-friendly compound feed factory last month, it has signed its first export agreement.

The export destination is the Philippines, with a monthly export volume of 14 tons (700 bags / 20kg), and an export value of approximately 50 million KRW. The export value for this year is expected to be 400 million KRW (400,000 USD), with a 10-year export contract worth 6 million USD.

This eco-friendly compound feed processing plant was established in accordance with the Ministry of Oceans and Fisheries' "Measures to Promote the Use of Compound Feed for Aquaculture," and was completed on the 24th of last month. So far, the production volume of compound feed has reached about 60 tons, with a production value of approximately 4.2 billion KRW.

The total area of the processing plant is 2,553㎡ (772 pyeong), with a total investment of 6.5 billion KRW (3.2 billion KRW subsidy (2 billion KRW national funds / 1.2 billion KRW county funds), 3.3 billion KRW self-funding). It is expected to expand further and become the leading eco-friendly compound feed factory in Jangheung-gun.

Currently, the main product shipped is eel compound feed, but it is expected to contribute to the development and growth of the domestic freshwater aquaculture industry through the development of various fish feeds such as flatfish in the future.

Governor Jeong Jong-sun stated, "Starting with this export to the Philippines, we earnestly hope to expand export routes to Japan and China in the future, solidifying our position as an eco-friendly compound feed factory."

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