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Fishing Village And Fishery Harbor New Deal 300 Project

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Fishing Village New-deal 300 Project
Purpose

1. Improving infrastructure of fishing village
2. Introducing various industries (e.g. marine tourism)
3. Boosting fishing village’s vitality

Outline
  • The project covers 300 fishing villages and ports for integrated development under which reforming backward facilities (e.g. dock, ferry terminal) and utilizing regionally indigenous resources for specialized programs are included
Details
  • Period: 2019-2024 (3 years per area)
  • Total cost: KRW 3 trillion (USD 3 billion)
  • Scale: 300 fishing villages & ports
  • Budget: (2019) KRW 172 billion; (2020) KRW 434 billion; (2021) KRW 521 billion
  • Financing: central government (70%); local government concerned (30%)
  • Leading operator: local government
Target
  • Rural fishing port, residential fishing port, commonly-used fishing port, small-scaled fishing port, fishing hinterland
Applicable Act
  • Fishing Village & Port Act