Busan Port Authority Provides 200 Million KRW Support for Fishing Village Vacant House Regeneration Project

Agreement Signed with Ministry of Oceans and Fisheries, Agro-Fisheries Cooperation Foundation, Namhae-gun, Wando-gun, and Others

Busan Port Authority (BPA) announced on the 27th that it has signed a business agreement with the Ministry of Oceans and Fisheries, the Korea Foundation for Cooperation between Large & Small Business, Rural Affairs, Namhae-gun, Wando-gun, and others to participate in the "Fishing Village Vacant House Regeneration Project."

Participation in BPA Fishing Village Empty House Revitalization Project.

This project, promoted by the Ministry of Oceans and Fisheries, utilizes the Rural and Fishing Village Win-Win Cooperation Fund to remodel vacant houses and use them as facilities for fishing village specialized industries, community facilities, and residential facilities for returnees to fishing villages.

This year, Namhae-gun in Gyeongnam and Wando-gun in Jeonnam were selected as project sites through a public contest for local governments by the Ministry of Oceans and Fisheries, with a total project budget of 500 million KRW. Busan Port Authority will also contribute 200 million KRW of the project budget to actively support the government policy.

Kang Junseok, President of BPA, stated, "By participating in the vacant house regeneration project to encourage stable settlement in fishing villages in response to the crisis of fishing village extinction, we will fulfill our role as a public corporation and actively contribute to the revitalization of fishing villages in the Busan and Gyeongnam regions."

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