June 10, 2023

North Korea outlines plans for SEZs near Nampho

DPRK 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.