South Chungcheong Province in South Korea invests 34.8 billion won to secure competitiveness in the aquaculture industry

Seafood

South Korea

Innovation & Technology

Published Mar 18, 2024

Tridge summary

South Korea's South Chungcheong Province is investing 34.8 billion won into the future of the aquaculture industry, focusing on smart technology and regionally specialized varieties like seaweed. The investment will be distributed across 25 projects in four fields: seed industry, environmental management, production management, and future innovation. The funding includes allocations for eco-friendly fish farming, sea cucumber breeding facilities, AI-based aquaculture, aquaculture technology dissemination, inland water sector development, and promoting consumption and export of farmed marine products. The aim is to boost fish farming production by 5% and prevent the extinction of fishing villages.

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Original content

South Chungcheong Province will invest 34.8 billion won to secure competitiveness, including support for cutting-edge technology, to lead the future aquaculture industry. South Chungcheong Province's goal is to increase competitiveness by responding to the disappearance of fishing villages by focusing on futurizing the aquaculture industry and cultivating regionally specialized varieties such as seaweed based on intelligent (smart) technology. This year, South Chungcheong Province is promoting 25 projects in four fields: △seed industry, △environmental management, △production management, and △future innovation, with the goal of establishing a stable growth foundation for the aquaculture industry. First, KRW 14.5 billion was invested in 16 projects to support eco-friendly fish farming, seed culture, and marine and land-based fish farm production, promoting the regeneration of clean fishing grounds, modernization of certification buoys and cage facilities, and creation of aquaculture ...

Source: Fisheco