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BackDonghae City, settlement support of up to 1.1 million won per month for young fishermen
Donghae City, settlement support of up to 1.1 million won per month for young fishermen
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연합뉴스12 minutes agoBusiness2 min readSouth KoreaView original

Donghae City, settlement support of up to 1.1 million won per month for young fishermen

For young independent business owners under the age of 40, apply by December 2nd

Quick Look

  • Donghae City, Gangwon-do, is recruiting candidates for the ‘2027 Youth Fishing Village Settlement Support Project’ by December 2 to respond to the aging fishing village and the decline in the fishing workforce.
  • The target group is young independent business owners or prospective young business owners under the age of 40, and a settlement subsidy of KRW 900,000 to KRW 1.1 million per month is paid differentially depending on management experience.

AI-generated summary

Why It Matters

Donghae City in Gangwon-do is operating a youth fishing village settlement support project to respond to the aging fishing village and the decline in the fishing workforce and to help young people settle down in fishing villages stably.

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Donghae City, Gangwon-do, is recruiting candidates for the '2027 Youth Fishing Village Settlement Support Project' by December 2 to respond to the aging fishing village and the decline in the fishing workforce and to help young people settle down in fishing villages stably.

Those eligible for support are young independent managers or those planning to become independent managers under the age of 40 and with less than 3 years of experience in fisheries management, such as fishing, aquaculture, seafood distribution, processing, and marine leisure tourism.

Selected young fishermen will be paid differential settlement support of ▲ 1.1 million won per month in the first year, ▲ 1 million won per month in the second year, and ▲ 900,000 won per month in the third year, depending on their management experience.

The subsidy can be used not only for management expenses such as renting fishing facilities and equipment, purchasing seeds and feed, but also as funds necessary to stabilize the lives of fishermen.

Previously, Donghae City invested a total of 21.8 million won in project expenses this year to support the stable settlement of two young fishermen.

The city plans to continue to provide practical support tailored to local conditions, as the settlement of each young fisherman in the local area is an important foundation for generational change in fishing villages and maintenance of the fishing industry base.

Young people who wish to apply can apply in person by visiting the Maritime Affairs and Fisheries Department of Donghae City Hall by December 2nd.

Open Questions

  • How many people are being recruited?
  • What are the selection criteria and review procedures?
  • How many years is the total subsidy payment period?

Related Topics

This article was originally published by 연합뉴스.

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