Focus on Strengthening Livestock Industry Competitiveness and Responding to Market Opening

Photo materials [Asia Economy DB]

Photo materials [Asia Economy DB]

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[Asia Economy Reporter Ra Young-cheol] Gangwon Province will provide 11.9 billion KRW (80% loan, 20% self-payment) to prepare for natural disasters such as heatwaves and severe cold, and to improve productivity and environmental conditions in the livestock industry. The support terms are an annual interest rate of 1-2%, with a 5-year grace period and 10-year repayment.


According to the province, livestock facility modernization is a project to modernize livestock facilities and improve quarantine and landscape facilities in response to market liberalization such as the Korea-US and Korea-EU/UK Free Trade Agreements (FTAs).


This year, the province will select 30 livestock farms and corporations to support the installation of ▲new construction and renovation of livestock barns ▲internal facilities such as feeding, water supply, electricity, and ventilation ▲renewable energy generation facilities ▲quarantine and disaster prevention facilities ▲livestock manure treatment facilities ▲landscape improvement facilities.


In particular, the province will focus on preventing damage from disasters in the livestock sector during summer and winter by supporting the installation of facilities to prepare for heatwaves and severe cold, ventilation and blower fans, cooling pads, mist sprayers, roof and wall insulation materials, and hot air blowers.



The Provincial Agricultural Policy Bureau stated, "We will continue to strengthen the competitiveness of the livestock industry and establish a foundation for supplying premium Gangwon livestock products to reduce damage from disasters in the livestock sector and enhance response capabilities."


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

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