ROK government agency to investigate potential for North Korean SEZ development | NK News
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November 24, 2024
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ROK government agency to investigate potential for North Korean SEZ development

Korea Land and Housing Corporation seeking contractors for USD$177,257 research project

South Korea's government-run land development agency plans to conduct a research project investigating the potential for special economic zones (SEZ) and industrial complexes in North Korea, a proposal seen by NK News reveals.

The Korea Land and Housing Corporation (LH) previously invested KRW110.3 billion (around USD$97.7 million) into a first-stage research project on now-shuttered Kaesong Industrial Complex (KIC) and parcelled out the right to use the land to South Korean companies.

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