From next year, low-income fishermen will receive a boost from provincial efforts to boost village fishing operations.
The province will invest 7.7 billion won in 17 projects in 2016, a 56 percent on this year.
Currently, 1,645 boats are registered with inshore fisheries, taking up 86 percent of total ships.
The subsidies will help reduce the financial burden on fishermen by being used to purchase oil, replace worn-out facilities, modernize fishing equipment, and reduce the number of registered fishing boats.
This news has been brought to you courtesy of Arirang Radio. Listen to the latest Jeju news on Wonders of Jeju with Joseph Kim (every night / 10pm-12am). You can also hear Jeju news on Good Morning Seoul with editor Darren Southcott every weekday morning at 8am.
Listen on Jeju FM 88.7 / Seogwipo FM 88.1 / Daejeong FM 101.9
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