Opportunities In North Korea

It’s probably the usual gratuitous use of the n word, but we were intrigued by an article on Chinese investment in North Korea.

Currently, 38 projects in North Korea, ranging from mining and vehicle manufacturing to seaweed processing and candy making, are seeking investors from China, according to a website. Investment for these projects ranges from 500 million euros ($644 million) for the Musan iron mine to 40 million euros for upgrading two power plants. As well, there is almost unlimited investment needed for computer software, biotechnological and nano-science development.

Any investors with unlimited funds (and appetite for risk) are inviteds to contact Mr Kim in Pyongyang.

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