Investment

It is planned to build a four-star hotel with an accommodation capacity of some 500 guests around Lake Sijung.
As a natural lake located between Kang-dong-ri and Songjon-ri of Thongchon County, Kangwon Province, it features crystal-clear and tranquil water, thick forests, white sand and sea waves, presenting superb scenery.
It covers an area of 2.94㎢, 11.8㎞ round, 3.5㎞ long and 0.8㎞ wide on average. The average annual temperature is 11.3℃ and the average annual precipitation, 1 320㎜.
It is a lagoon formed by the action of sea waves for a long period, which dammed up a small bay with sand. To the east spreads a 300m wide white beach separating the lake from the sea, and the Wonsan-Mt Kumgang sightseeing road through pine groves.
The lake serves as a place for relaxation between Wonsan and Mt Kumgang as well as a resort of culture and rest for tourists to enjoy pelotherapy and sea bathing. A beach resort, angling sites, boating grounds and other sightseeing facilities have been arranged around the lake. Seven islets are seen off the shore.
The lakebed is 4-5m thick in mud, which has a special virtue for the treatment of inflammatory diseases, nervous system disorders and other diseases. For this reason, it draws a stream of people.
Estimated cost: Under preliminary feasibility study
Type of investment: Equity or contractual joint venture, or as greed by both sides
Period of implementation: 18-month construction, 20-year operation
Profitability: Under preliminary
