This study was carried out at the request of Chungcheongbuk-do that is willing to revitalize the countryside. The purpose of this study is to formulate the basic plan for building the specialized agricultural complex which can help to create employment and to revive regional agriculture in Chungcheongbuk-do. Three target regions of the plan are Chungju-si, Yeongdong-gun and Danyang-gun.

To formulate the basic plan for the three regions, we reviewed the related policies and projects and analysed the current situation in the regions. Based on the analysis, we established the visions and development strategies for each of the regions and estimated total cost of the project. Then, the business feasibility was analysed and management and operations plan was provided.

The theme of the project for Chungju-si is 'Judeok Eco-museum'. The vision of Chungju is 'the center of Judeok Eco-museum: composite experience space which consists of the past, the present and the future of rice agriculture'. Total cost of building the Judeok Eco-museum is estimated at 6.1 billion won. The feasibility analysis shows that this project is economically appropriate based on the B/C ratio (the Benefit/Cost ratio) of 1.05.

The theme of the project for Yeongdong-gun is 'Wine-topia tower'. The vision of this is 'making Yeongdong as a grape kingdom'. Total cost of this project is estimated at 6.9 billion won. As a result of the feasibility analysis, this project is economically appropriate based on the B/C ratio of 1.02.





The theme of the project for Danyang-gun is 'Environment-friendly silkworm farming town'. The vision of this town is 'Health and rest to city consumers, income and vitality to rural farmers'. Total cost of this project is estimated at 3.7 billion won. The feasibility analysis shows that this project is also economically appropriate with the B/C ratio of 1.07.

Researchers: Mun-ho Park, Kyeong-hwan Choi, Jun-pyo Hong and Jong-hyun Chae
Research period: 2012. 1. 5. - 2012. 6. 2.
E-mail address: mhpark@krei.re.kr