South Korea’s Incheon Port Authority (IPA) will conduct research into the feasibility and profitability of three major inter-Korean cooperation projects early next year, the IPA confirmed to NK News on Monday.

In a phone interview with NK News, an official at the IPA — who wished to remain anonymous — confirmed that it would investigate “action plans” and the feasibility of an inter-Korean cruise program, the modernization of Nampo port, and the importation of North Korean sand from the coastal city of Haeju.

The ROK IPA said it plans to commission the three-month feasibility study “early next year” in order