February 01, 2023

Interview: Large-scale investment in DPRK beginning “in a few months”

Phill Hynes, risk management consultant on the upcoming investment talks to sheds light on the plans

A Chinese investment group has called for large-scale investment in North Korea, spanning 12 different infrastructure projects, according to a recent press release.

China Railways Investments Group, a state-affiliated investment group – working in collaboration with Singapore-registered Daegian Pte Limited – announced August 2 plans that cover the modernization of the country’s ports, construction of high speed train lanes, installation of broadband internet and even provision of cable television.