Economic Development Zone
It is
planned to establish industrial development zone by using its favorable
geographic condition near Wonsan port, the main seaport in the Korean East
Coast. Its main industry includes information & light
industry combining with tourist souvenir
industry.
Development Mode:
-Joint Development by relevant Korean
enterprise and foreign investor in the
form of JV
-
Establishment of wholly-owned foreign developing enterprise.
Term of land lease:
Less than 50 years
Total investment:
About US$ 100 million
Location:
A part of land in Hyondong-ri
, Wonsan City, Kangwon Province which is situated around
the Kalma area facing with Wonsan Bay’s Galma Peninsula. (longitude: 127 ゜27´East, latitude: 39゜06´North)
Condition of Infrastructure:
It has a favorable condition of infrastructure which make it easier for input
and output of foreign labor, materials and funds.
Rich
electricity resources
from Anbyon Youth Power Plant could be utilized and Kalma River can be used for
water supply and sewage disposal.
The
land is flat and it is
easier for materials and supplies to be transported.
There are a few buildings and attachments to be
removed and thus, so it’s favorable for speeding up its development. After
preparation, development could be expanded to the east of Jangsan.
Project Plan: By utilizing geographic
superiority of Wonsan Seaport which had been the main sea path connected to
Japan for a long time, the zone shall develop information industry and light
industry centered on ''processing-on-commission'' combining with tourist souvenir production suitable
for state's strategy to develop Wonsan zone into world-class tourist area.
Special products produced in these economic development
zones in the other provinces will be introduced to the IDZ to vitalize tourist
souvenir production. Wonsan City has a plenty of labor resources which could be
employed profitably and bonded processing shall be done in different factories
and small enterprises in the city. In addition to this, as one category of
business, a processing industry of mountain resources of several counties in Kangwon Province such as Anbyon County is planned to be established.