Economics

DPRK – Untapped Potential – Rising Opportunities

Are you adventurous, always seeking for the unknown, exploring uncommon opportunities – Come to The Democratic Peoples’ Republic of Korea.

Apart from its stunning nature, rich history and unique cuisine, the DPRK also increasingly welcomes business travellers looking for untapped potentials. Under the soaring mountain ridges an abundance of resources slumbers, waiting to be extracted. There are rich deposits of magnesite, limestone, and uranium ore, gold, zinc, manganese dioxide, iron, and copper.

Korea welcomes foreign partners to work together with its own hard-working engineers and officials to explore this well of resources and bring the art of mining to new heights. Cooperation and combined efforts are the best way to achieve a goal. The people and government of Korea believe in a model of cooperation, uniting foreign investment with domestic expertise to achieve a prosperous development.

But mining is not the only industry with possibilities of growth and investment. In the sector of construction, especially for the advancing tourism industry, many opportunities await the diligent businessman. To accommodate the steadily rising numbers of tourists, hotels are needed and gastronomical ventures are welcome to enhance the international culinary scene of Pyongyang.

Only one example is towering over the streets of Pyongyang. The pyramid shaped Ryuguyong Hotel has already become one of the landmarks of the capital entertaining guests from near and far. Still, the project is one example where foreign investment would be welcomed for further development.

Due to its ordered and stable nature, the administration and government of The Peoples Republic provide an excellent environment for business by securing fair and ordered cooperation between foreign investors and their local counterparts. One of the basic guiding principles of the Korean state is the concept of self-reliance, and the state is proud to fulfill all their citizens’ basic needs from domestic production. This is however not incompatible with cooperation among friends.

Many industry sites are open for visitors as well, to see the technical achievements, the prowess of Korean engineers and the diligence of workers. Workers are at the centre of the society of the peoples republic and as such are proud and committed to do their work for the common good. This attitude of hard work and community regularly impresses foreign visitors not used to a system that takes cooperation and the common good as its core.

On its way to new heights, North Korea warmly welcomes adventurous and curious business travelers to join in, towards a peaceful and prosperous future.

The Democratic People's Republic of Korea - Soaring to New Heights!