Jeonnam Province Invests 55.5 Billion KRW in 10 Projects to Attract and Stabilize Urban Residents

Jeonnam Province announced on the 23rd that it will invest 55.5 billion KRW in 10 projects this year to realize the goal of creating "rural farming and fishing villages where people want to live," along with customized activities to attract urban residents and support the stable settlement of returnees to farming and fishing villages.

The "Living in Jeonnam" project, which was the first of its kind nationwide and has steadily gained popularity, will also invest 1.5 billion KRW this year to present differentiated rural experience programs led by village residents.

In addition, to support the stable settlement of returnees to farming and fishing villages, 2.4 billion KRW will be provided to 60 people, with 40 million KRW per person as initial startup funds through the "Excellent Startup Activation Support Project for Returnees to Farming and Fishing Villages."

Also, 50 billion KRW has been secured for the "Return to Farming Agricultural Startup and House Purchase" fund, which is most preferred by returnees preparing for agricultural startups, and it will be supported with an annual loan interest rate of 1.5%.

In particular, 400 million KRW will be invested in 26 villages for the "Return to Farming and Fishing Village Harmony Village Creation Project," which is uniquely focused nationwide on managing conflicts with local residents.

Furthermore, 1.1 billion KRW will be supported for promotional activities to attract urban residents returning to farming and fishing villages, such as campaigns, participation in expos, and harmony competitions, as well as programs for communication and harmony with local residents.

Despite the continuous population decline, the province has attracted about 40,000 returnees to farming and fishing villages for 10 consecutive years through various step-by-step policies.

Park Hee-kyung, head of the Population Policy Division of Jeonnam Province, said, "As social interest in returning to farming and fishing villages increases, differentiated strategies for attracting urban residents between regions are necessary. We will do our best to develop customized policies to attract urban residents uniquely to Jeonnam and help returnees settle in rural areas without income worries."

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