Jeonbuk Province Selected for Idle Forest Resources Assetization Contest Project

[Jeonju=Asia Economy Honam Reporting Headquarters Reporter Kim Han-ho] Jeonbuk Province announced on the 29th that it has been finally selected for the 2022 Idle Forest Resources Assetization Contest Project hosted by the Korea Forest Service.

The selected area for this project is Jinan-gun, which secured a total project cost of 450 million KRW, including 202.05 million KRW in national funds.

The Idle Forest Resources Assetization Project is a project promoted by the Korea Forest Service since 2020 to utilize idle forest resources for return-to-farming and mountain village settlers by using national and public forest lands and facilities in mountain villages, thereby creating income sources and strengthening regional capabilities.

This contest targets the military-owned forest in Jinan-eup, Jinan-gun, aiming to support job creation and income generation for returnees and mountain village residents through commercialization suited to local characteristics, and to increase satisfaction with forest resources by conveying the diverse values and functions of the mountains.

The main contents include the establishment of educational facilities, operation of mountain village education programs and forest product experience centers, and fostering high value-added specialized crops such as summer durup (Aralia sprout).

Jeonbuk Province and Jinan-gun plan to provide a place for realizing mountain village education and stable settlement of returnees, as well as services connecting mountain villages and cities through the production and distribution system improvement of forest products.

Jeonju=Honam Reporting Headquarters Reporter Kim Han-ho stonepeak@asiae.co.kr

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