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Leo Byrne
Leo Byrne was the Data and Analytic Director at NK News. Follow him on twitter.
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Interviews 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. According to the press release, the DPRK is involved in the plan directly act through its Singapore based “window company” Daegian, set up in March last year. While this is not the first time foreign investors have talked up © Korea Risk Group. All rights reserved. |