- Briefing sessions on mid- to long-term investment plans in marine and fisheries R&D and new projects to be held January 18th through 22nd    

The Ministry of Oceans and Fisheries (Minister Kang Do-Hyung) will be hosting three consecutive rounds* of 2024 Marine and Fisheries R&D Investment Direction Briefing Sessions from January 18th (Thursday) to 22nd (Monday) to share its marine and fisheries R&D investment plans with industry, academia, and researchers and encourage participation of researchers in new projects.  

* January 18th (Thursday): Kimdaejung Convention Center, Gwangju / January 19th (Friday):
Chungnam National University, Daejeon / January 22nd (Monday): Korea Institute of Ocean Science & Technology, Busan  

A sum of KRW 751.8 billion has been budgeted for marine and fisheries R&D in 2024 (including the Climate Fund), which will cover a total of 114 R&D projects throughout the year. A total of 13 new R&D projects are to be launched for the first time in 2024 with a budget of KRW 30.5 billion, including the technology development for alternative seaweed meat* and marine cultured meat**, the development of marine digital navigation route demonstration technology, and the advancement of international cooperation in marine and fisheries science & technology.  

* Seaweed meat: meat-like products made from marine plants, such as algae, to mimic the characteristics of meat
** Marine cultured meat: food products produced from the cells of marine organisms to recreate meat-like food

In addition to explaining the direction of investment in marine and fisheries R&D in 2024, the briefing sessions will also cover follow-up actions concerning this year’s spending optimization initiative and plans for securing the 2025 budget and seek the participating researchers’ feedback on the same. More details on the content of the briefings and how to participate can be found on the Korea Institute of Marine Science & Technology Promotion website (www.kimst.re.kr).