LONDON – North Korean authorities expect that 5,000 people will visit the Masik-ryong Ski resort each day – 250 days per year – once construction is completed, a planning document seen by NK News reveals.
Charging $50 per person, the People’s Committee in Kangwon Province and DPRK Ministry of Sports anticipate a net revenue stream of $62.5 million from the ski resort per year, of which $43.75 million will be profit.
LONDON – North Korean authorities expect that 5,000 people will visit the Masik-ryong Ski resort each day – 250 days per year – once construction is completed, a planning document seen by NK News reveals.
Charging $50 per person, the People’s Committee in Kangwon Province and DPRK Ministry of Sports anticipate a net revenue stream of $62.5 million from the ski resort per year, of which $43.75 million will be profit.
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About the Author
Chad O'Carroll
Chad O'Carroll is the founder of NK News/NK Pro and related holding company Korea Risk Group. In addition to being the group's CEO, O'Carroll is a frequent writer and commentator about the Koreas, having written about the two nations since 2010. He has visited the DPRK multiple times, worked and lived in Washington, D.C. with a focus on peninsula issues, and lived in the ROK since 2016.