The Kumgang-Pyongtaek multipurpose agricultural development project has been or iginated by president Park with the negotiation of IBRD Loan in the United States in 1965 for the development of agricultural field, The Ministry of Agricultural and fishery and Agricultural Development Corporation having finished survey and design for about 5 years for the Project, IBRD Loan and gurantee agreements were managed to signe. The project construction work has been commenced in 1970 and scheduled to be finished in 1976. About 5,618 hectares of upland reclamation which involves irrigation and bench terracing are included ill the project for the farmland expansion and establishment. It is estimated that about 25,167 metric tons of food grain production which could save foreign exchange of about 6, 100million won annually or meet food grains for about 209,000 people.