April 20, 2024
News

North Korea seeking investment for new Mt. Kumgang area hotel project

250-bedroom property will be aimed at both domestic and foreign tourists, proposal says

North Korea is seeking investment for a new hotel construction project in the Wonsan-Mount Kumgang International Tourist Zone, according to a proposal released this week.

The guide for what will be called “Naekumgang Hotel” was released on Monday, with information on the “total planning of developing Mt. Kumgang International Tourism Special Zone.”

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