South Korea: Boryeong City invests KRW 14.4 billion to increase sea cucumber resources

Published May 13, 2024

Tridge summary

Boryeong City in South Korea is investing 14.4 billion won over three years to build a sea cucumber mass production facility. The goal is to boost production at existing sea cucumber farms and enhance the competitiveness of the aquaculture industry. The funds will be used to create eco-friendly habitats, spawning grounds, and stock mother and baby ginseng. Sea cucumbers, known for their nutritional value and unique taste, are a significant source of income for fishermen, mainly through exports to China. The project aims to generate job opportunities and provide a stable livelihood for urban youth and fishermen's children, thereby revitalizing the local community.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Boryeong City, South Chungcheong Province, announced that it will carry out a project to build a sea cucumber mass production facility to increase sea cucumber production and secure competitiveness in aquaculture. In order to increase production at existing sea cucumber farms, this project will invest 14.4 billion won over three years from this year, which will be used to create eco-friendly habitats and spawning grounds (dialysis, functional blocks, etc.), and stocking of mother and baby ginseng. Sea cucumbers are popular with consumers due to their rich nutritional content and unique taste. In particular, as most of the production is exported to China, they play the biggest role in increasing the income of fishermen. Accordingly, it is expected that it will encourage urban youth and the children of fishermen to engage in fishing activities and inject new vitality into the local community by providing jobs and stable livelihoods based on mass production facilities. Boryeong Mayor ...
Source: Fisheco

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