Gangwon Province Poised for 'Triple Crown' in Fisheries Village and Port Regeneration... Secures 37 Billion KRW Funding Signal

Gangwon Province Aims for the 'Triple Crown' in Fisheries Village and Port Regeneration
Following Selection for 2025 Clean National Fishing Port and General Rural and Fishing Village Projects
Hopes High for Fourth Consecutive Year of Fisheries Village New Vitality Selection with Field-Based Strategy

Gangwon Special Self-Governing Province (Governor Kim Jin-tae) is on the verge of achieving the remarkable feat of winning three major awards in the fisheries village and port regeneration sector this year, as it awaits the announcement of the results for the Ministry of Oceans and Fisheries’ key fisheries village regeneration policy, the '2026 Fisheries Village New Vitality Promotion Project.'

Kim Kwangrae, Deputy Governor for Economic Affairs of Gangwon Special Self-Governing Province, stated on the 3rd that the Ministry of Oceans and Fisheries is about to announce the results of the '2026 Fisheries Village New Vitality Promotion Project,' a core policy for fishing village regeneration. Provided by Gangwon Province

Kim Kwangrae, Deputy Governor for Economic Affairs of Gangwon Special Self-Governing Province, stated on the 3rd that the final selection results for the two sites-Jeongdong and Simgok Ports in Gangneung and Daejin Port in Goseong-which completed their applications on October 22, will be announced this week. The total project cost for both sites amounts to 37 billion KRW.

The application size for the project is 7 billion KRW for Jeongdong and Simgok Ports in Gangneung, and 30 billion KRW for Daejin Port in Goseong. Both projects were submitted as customized plans reflecting the opinions of local residents.

The Fisheries Village New Vitality Promotion Project is a core fisheries village regeneration policy of the Ministry of Oceans and Fisheries, aiming to comprehensively improve the living, economic, and safety infrastructure of underdeveloped fisheries villages. As part of the new government’s national agenda, the 2026 project reorganized the existing three types (economic platform, living platform, safety infrastructure) into two types (economic leap type and fisheries village recovery type), with plans to select 34 locations nationwide.

The province provided comprehensive support from the application stage, including expert on-site consulting and local council meetings, to establish differentiated visions and goals tailored to the characteristics of each project site.

Jeongdong and Simgok Ports in Gangneung, which completed harbor facility reinforcement and coastal terrace trail extension projects in 2020 through the Fisheries Village New Deal Project, plan to further enhance existing initiatives through the 'fisheries village recovery type (Type 2)' project. The aim is to establish a fisheries culture hub and improve living social overhead capital (SOC), thereby creating a sustainable fisheries village community that residents can tangibly experience.

Daejin Port in Goseong, designated as an 'economic leap type (Type 1)' project, will be developed as a marine industry and tourism complex economic hub in northern Gangwon. This will be achieved by establishing seafood processing and distribution facilities and tourism infrastructure in connection with the nearby Hwajinpo Resort development, fostering mutual growth between private investment projects and fisheries villages.

Kim Kwangrae, Deputy Governor for Economic Affairs of Gangwon Special Self-Governing Province, announced on the 3rd that the Ministry of Oceans and Fisheries is about to announce the results of the '2026 Fisheries Village New Vitality Promotion Project,' a core policy for fisheries village regeneration. Provided by Gangwon Province

Meanwhile, the province was selected for both the 'Clean National Fishing Port Development Project' (April) and the 'General Rural and Fishing Village Development Project' (June) this year, securing a total project budget of 88.6 billion KRW (including 61.2 billion KRW in national funding). If selected for the Fisheries Village New Vitality Promotion Project as well, the province will achieve the 'triple crown' in the fisheries village and port sector and be recognized for being selected in national competitions for four consecutive years, raising expectations among residents.

If selected, the province will begin the basic planning phase early next year, finalize project details following the Ministry of Oceans and Fisheries’ review, and aim to commence construction in 2028. Additionally, the province plans to continue providing prompt administrative support to ensure that previously selected projects are completed on schedule within the planned period.

Kim Kwangrae, Deputy Governor for Economic Affairs of Gangwon Special Self-Governing Province, stated, "The consistent success of Gangwon’s fisheries villages in national government competitions is the result of collaboration among local lawmakers, administration, and residents. We will continue to actively support the creation of sustainable and desirable fisheries villages that people want to live in."

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