Seoul will revive the government foundation overseeing the suspended Kaesong Industrial Complex (KIC) in North Korth, under a push to restart inter-Korean economic projects.

ROK Unification Minister Chung Dong-young announced the plans in a statement to lawmakers during an audit on Tuesday.

“We are also exploring the progressive normalization of existing inter-Korean economic projects. We will start by restoring the Kaesong Industrial Complex Support Foundation to prepare for the reopening of the Kaesong Industrial Complex,” the minister said.

His comment came after the ministry announced its planto set up a Peace Cooperation Zone Promotion group to oversee inter-Korean economic