Economic Burden Reduction Expected for Rental Farms Affected by Natural Disasters

Gohung Haechangman, Omagan Reclaimed Land Agricultural Rent Reduction Confirmed View original image


[Goheung=Asia Economy Honam Reporting Headquarters Reporter Shim Jeong-woo] Goheung-gun, Jeollanam-do announced on the 4th that the rent reduction for the leased farmland in Haechangman and Oma Reclaimed Land, which suffered flood damage due to heavy rain last summer, has been confirmed.


According to Goheung-gun, Haechangman reclaimed land covers 215ha, Oma reclaimed land covers 13ha, totaling 228ha under temporary cultivation, and the rental fee for leased farmland in 2021 was scheduled to be 168 million KRW.


However, to alleviate the economic burden on farmers who suffered flood damage from the heavy rain between July 5 and July 8 last year, a comprehensive survey of damaged farmland by eup and myeon was conducted based on relevant regulations such as the Rural Development Act. As a result, it was found that 130ha of farmland across 360 plots owned by 148 farmers in six eup and myeon, including Podu-myeon, were flooded.


Based on these survey results, Goheung-gun applied for a rent reduction to Jeollanam-do in January this year, visited related departments to explain the damage status and the necessity of the reduction, and in February received approval from Jeollanam-do for a rent reduction of 76 million KRW, thereby easing the economic burden on leaseholders.


A county official stated, “We will continue to closely consult with related organizations to address residents' inconveniences regarding farming conditions in reclaimed land by collecting residents' opinions as much as possible, not only to resolve inconveniences but also to generate economic benefits.”




Goheung=Asia Economy Honam Reporting Headquarters Reporter Shim Jeong-woo sevenshim@asiae.co.kr


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing