This is part four of a series by Peter Ward examining North Korea’s foreign investment proposals for the Wonsan-Kumgang International Tourist Zone, one of the ambitious plans for FDI in the DPRK’s recent history. Read part one here, part two here, and part three here.

The Wonsan-Kumgang Tourism Zone project has yet to bear fruit. In previous parts of this series, NK Pro has attempted to shed light on why the project may have been in trouble even if the international environment had been more conducive.

In searching for reasons as to why