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

 Renovation of Wonsan-Mt. Kumgang Railway
Renovation of Wonsan-Mt. Kumgang Railway
The Investment Project of Songdowon Hotel
The Investment Project of Songdowon Hotel
Hamhung Daesong Rubber Processing Factory
Hamhung Daesong Rubber Processing Factory