Trade4go Summary
North Korean leader Kim Jong-un attended the inauguration of the Sinpho City Offshore Farm, a new facility in Sinpho city, home to a submarine base and a site for submarine-launched ballistic missile tests. The farm, which specializes in growing and processing seafood, is a key component of North Korea's '20x10 regional development policy', which aims to build modernized factories in at least 20 remote counties each year over the next decade. Kim Jong-un praised the initiative and called for modernization in agriculture and rural communities, as the country's economy heavily relies on the agricultural sector. However, North Korea continues to struggle with food shortages due to sanctions and natural disasters, and Kim Jong-un also plans to open another fish farm as a pilot program.
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Original content
North Korean leader Kim Jong-un attended the inauguration ceremony of the Sinpho City Offshore Farm on Saturday, state news agency KCNA reported Monday. The new facility was built in the coastal city of Sinpho, home to the country’s submarine base and a site where submarine-launched ballistic missiles have been tested. The farm, which specializes in growing and processing scallops, seaweed, sea cucumbers and sea urchins, is a key component of the so-called “20x10 regional development policy.” The program plans to build modernized factories in at least 20 remote counties each year over the next decade. Kim Jong-un praised the new facility: This is the beginning of an important undertaking to ensure continuous progress in socialist construction, striving for simultaneous and multiple development nationwide. The North Korean leader has called for the modernization of agriculture and rural communities, as the country's economy relies heavily on the agricultural sector. However, North ...