October 19, 2021

North Korea seeking foreign investment in new casino cruise lines: website

DPRK hopes to launch 20,000-30,000-ton ferry carrying 1,000 passengers

North Korea is trying to attract foreign investment for new cruise ship routes linking Mount Kumgang to the Russian city of Vladivostok and Southeast Asia, a DPRK website entitled “Mount Kumgang” said earlier in the month.

The website released investment guidelines on March 15 to promote the operation of a 20,000 – 30,000-ton ferry docking at Kosong Port in Kangwon Province located near Mount Kumgang.