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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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News North Korea outlines plans for SEZs near NamphoDPRK would like to attract $100 million in foreign investment for an export processing area
North Korea announced plans for two existing Special Economic Zones (SEZs) near Nampho on the DPRK’s west coast, in the most recent issue of quarterly journal Foreign Trade. The article outlines plans for the Jindo and Waudo Processing zones adjacent to the DPRK’s busiest port. The article entitled “Booming Economic Development Park” seems to imply the Jindo zone is already up and running. “By taking advantages of the Port of Nampho nearby and tens of years of development of the machine-building, electronical (sic) and light industries in Nampho, it processes various goods and exports them,” the article reads. Earlier articles © Korea Risk Group. All rights reserved. |