Investment

The Investment Project of Haean Hotel
The Investment Project of Haean Hotel

It is planned to renovate the Haean Hotel into a four-star, 18-storey hotel with an accommodation capacity of 500 persons. 

It will cover an area of 5 000㎡. 

At present the hotel, located in Wonsan Square facing the sea, covers an area of 3 200㎡.  It is a 12-storey building with 200 rooms. With an accommodation capacity of 300 persons, it is provided with such welfare service amenities such as a restaurant, a shop, a recreation hall and a bathhouse.

For its excellent location, tourists will be able to enjoy a panoramic view of Wonsan City, Wonsan Travellers’ Quay to be built in the future and the picturesque Kalma Peninsula in the opposite side.

Estimated cost: US$ 24 million

Type of investment: Equity or contractual joint venture, or as agreed by both sides 

Period of implementation: 18-month construction, 20-year operation

Profitability: IRR 22.7%, NPV US$ 15million (Discount rate: 13%), Payback period 3.7 years


The Investment Project of Haean Hotel
The Investment Project of Haean Hotel
Other Investment Opportunities

The Investment Project of Songdowon Hotel
The Investment Project of Songdowon Hotel
The Investment Project of Haean Hotel
The Investment Project of Haean Hotel
The Development & Use of the Deep Sea Water and the Economic Collaboration in the DPR Korea
The Development & Use of the Deep Sea Water and the Economic Collaboration in the DPR Korea