The 2nd Master Plan on Fisheries & Fishing Community Development(2021~2025)

The 2nd Master Plan on Fisheries & Fishing Community Development(2021~2025)


Background

The 2nd Master Plan suggests 5-year goals and targets to achieve more sustainable fisheries & fishing community. This plan adopted following the 1st Plan (2016-2020) established under the Freamwork Act on Fisheries & Fishing Community Development.

Details

Vision

  • Fisheries & Fishing Community Prospering with Everyone for the Future

5 Goals to achieve

  • 4.257million tons in fishery production with 79% of self-sufficiency rate
  • KRW 13.8 trillion (USD 11.8 billion) in scale of domestic seafood industry
  • KRW 60.59 million (USD 52,000) per capita income of fishing community
  • USD 3 billion in annual export of seafood
  • KRW 5.1 trillion (USD 4.3 billion) in economic added value of fisheries
  • 01

    Production Infrastructure: Reform of fisheries for more sustainable production and management

  • Target 1: Improving the production structure in fisheries to adjust itself to new GVC (global value chain) paradigm
  • Target 2: Creating new environment for production to survive climate change crisis
  • 02

    Seafood Industry: Supply of fishery products managed with consumer-centered approach

  • Target 3: Creating a supply chain for sustainable fishery products
  • Target 4: Strengthening resilience of seafood industry for the post COVID-19 era
  • 03

    Fishing Community & Port: Opportunity for experiences of rewarding work and life

  • Target 5: Improving working conditions for decent jobs in fishing community and port
  • Target 6: Creating great settlement conditions for better life and co-prosperity
  • 04

    Worldwide Reputation: Go global of K-fish

  • Target 7: Sharpening the competitive edge of K-fish in the global market
  • Target 8: Enhancing the level both of compliance with international regulations and international cooperation
  • 05

    Industry 4.0: Digital transformation for the future

  • Target 9: Introducing “smart system” to the processes in fisheries
  • Target 10: Nurturing new industrial sectors and encouraging entrepreneurship