Investment

The Investment Project of Sijungho Hotel
The Investment Project of Sijungho Hotel

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


The Investment Project of Sijungho Hotel
The Investment Project of Sijungho Hotel
Other Investment Opportunities

Kangryong County Green Kwangchon Pig Plant
Kangryong County Green Kwangchon Pig Plant
The reconstruction and modernization project of Chongjin Bus Factory
The reconstruction and modernization project of Chongjin Bus Factory
The reconstruction and modernization project of Ssangryong Mine
The reconstruction and modernization project of Ssangryong Mine