N. Korea seeking over $5 million in foreign investment for deep sea exploration | NK News
NK News Logo
December 25, 2024

NK News is hiring

News

N. Korea seeking over $5 million in foreign investment for deep sea exploration

Research will see mineral-rich water analyzed for potential use in "cosmetics," among other things

North Korea's Committee for the Promotion of International Trade is seeking foreign investors willing to provide over $5 million towards a project exploring and analyzing water in the deep sea off the country's east coast, a notice posted online recently revealed.

A bid for private investors posted on the website of the DPRK's Ministry of External Economic Relations reported that "scientific research is in progress to develop and use the deep sea water of the East Sea of Korea."

Try unlimited access
Only $1 for four weeks

  • Unlimited access to all of NK News: reporting, investigations, analysis
  • Year-one discount if you continue past $1 trial period
  • The NK News Daily Update, an email newsletter to keep you in the loop
  • Searchable archive of all content, photo galleries, special columns
  • Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts.
Subscribe now

All major cards accepted. No commitments – you can cancel any time.