Gyeongnam Province Selected Most for 2021 Free-Range Ecological Livestock Farm Project!

Secured 420 Million KRW for Four Land Reclamation Sites and One Management Support Project

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Saeyan] Gyeongsangnam-do announced on the 8th that it was the only region nationwide to have four sites selected in the 2021 Pasture Ecological Livestock Farm Creation Project, which was publicly offered by the Ministry of Agriculture, Food and Rural Affairs.

The Pasture Ecological Livestock Farm Creation Project consists of the 'Pasture Creation Project' and the 'Management Support Project.'

For the Pasture Creation Project, four cities/counties?Sacheon-si, Goseong-gun, Namhae-gun, and Geochang-gun?were selected, and Geochang-gun was chosen as the implementing body for the Management Support Project.

The selection criteria included the eligibility of project applicants, appropriateness of project sites, and adequacy of project plans.

Regarding the project budget, the Pasture Creation Project is funded 50% by grants and 50% by loans.

The Management Support Project is funded 80% by loans and 20% by self-contribution. Gyeongsangnam-do can proceed with the project by securing a total budget of 420 million KRW through grants, loans, and self-contributions.

Although there have been difficulties in new entries due to high investment costs, starting this year, it is expected to provide an opportunity to broadly activate pasture livestock farming without land restrictions, which can lead to the expansion of environmentally friendly livestock farming.

The full amount of the secured funds will be allocated to the respective cities/counties as project expenses by June.

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