Jeongeup-si Accelerates Efforts to Foster Young Successor Agricultural Managers
[Asia Economy Honam Reporting Headquarters Reporter Kim Jaegil] Jeongeup City in Jeonbuk announced on the 20th that it plans to focus on nurturing and supporting young successor farmers to achieve a new and vibrant growth in agriculture and rural areas filled with young farmers.
To this end, the city selected 28 young successor farmers who will lead the future bio-industry of agriculture.
Young successor farmers selected will receive support funds in the form of voucher cards ranging from 800,000 to 1,000,000 KRW per month for up to three years, depending on their farming experience, which can be used for farm management expenses and living costs.
Additionally, agricultural policy funds will be provided under loan conditions of up to 300 million KRW, with a 5-year grace period and 10-year installment repayment at an annual interest rate of 2%, to support land purchase, facility installation, and agricultural machinery purchase.
A city official said, “We will discover and support various policies so that young and talented farmers interested in farming can settle stably in agriculture and rural areas and engage in farming freely.”
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Meanwhile, the city has selected and managed 25 young successor farmers in 2018, 31 in 2019, 33 in 2020, and 28 this year as beneficiaries of the young successor farmer settlement support program.
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