Outline: This project is to build a combined economic development zone that involves ultra-modern technical industry, trade, tourism, finance and bonded processing.
Term of Land Lease: 50 years at maximum
Condition of Infrastructure: The zone is made up of sediments of organic fine sand from the estuary of the River Amnok.
Noteworthy in the climate in the zone is the cycle of three cold days and four warm days under the influence of continental climate. The zone is also exposed to oceanic climate as it is close to the west coast.
The wind speed gets moderate in summer and hard in winter.
There is a trade port, a border bridge and an international railway station, and the new border bridge between Korea and China is at the final stage of construction.
The international communication network has not much problems.
Major industries in the city are machine, chemistry, textile, footwear, pharmaceutics, foodstuff and daily necessaries. The machine industry comprises construction machines, spinning machines, electronic machines, mining equipment, dyeing equipment and farm machines. Chemical industry emphasizes chemical fiber, paper and basic chemical goods. Main index of building materials industry is production of bricks, flat glass and cement. Sinuiju City is the base of light industry for the production of consumer goods in the country. Most of light industry is textile industry in which whole processes ranging from spinning, weaving and dyeing to heat treatment are streamlined to produce cotton yarn and quality suit material. The zone has a lot of manufacturing factories to produce good-quality footwear, cosmetics and confectionery.
Main crops are rice, corn and bean and main fish is plaice, herring, anchovy, mullet and gizzard shad.
Project Plan: The project offers enormous potentials for development of an international metropolis for its geographic advantages as a littoral city. About over 10 million tourists visit here from Dandong, which means huge tourist revenue therefrom if fun fair and sightseeing tour courses are created along the River Amnok. The Korea-China Amnok River Bridge that was built in Juche103(2014) besides to the existing Korea-China Friendship Bridge will be connected the international airport, trade port, road and railway networks to be constructed newly. Later on, the zone will become an comprehensive economic zone with advanced IT industrial zone, competitive production industrial zone and combined economic zone that houses trading center, trading and financial area, public service center, tourist zone and bonded port.