EDZs in North Hamgyong Province

According to the Pyongyang Times (2014-6-28):

North Hamgyong Province, together with Rason City which is the first economic and trade zone in the DPRK, is located in the place linking Northeast China, Russia, Japan and other Pacific nations.

It has rich tourism resources including Mt. Chilbo, a celebrated mountain of Korea, and renowned Kyongsong spa. The long east coastline provides it with favourable conditions for the development of fisheries and ocean development industry.

It also has the Kim Chaek Iron and Steel Complex, the Musan Mining Complex and other large industrial establishments and light industry factories, provincial branch of the academy of agricultural science and universities.

The local authorities intend to develop three economic development zones in the province—Chongjin Economic Development Zone, Orang Agricultural Development Zone and Onsong Island Tourism Development Zone—by making the most of these favourable conditions.

The Chongjin Economic Development Zone will focus on metal processing, machine building, building materials, electronic goods, light industry products and export processing, combined with international freight transit transport through Chongjin Port.

It will be developed into a hub of production of secondary and tertiary processed metal products with iron and steel products of the Kim Chaek Iron and Steel Complex, manufacturing of machinery and electronic goods and equipment and bonded processing of hydraulic and precision machinery, robots and road vehicles with processed metal products made at the machine and chemical factories and other industrial establishments.

At the moment the zone development will be orientated to renovating Chongjin Port to boost freight transit transport with Jilin and Heilongjiang provinces of China and neighbouring nations and bonded processing and trade through it, and increasing the proportion of technology-intensive processing industry by relying on the abundant skilled manpower and scientific and technological personnel in the surroundings.

Professor Gu Chaolin at Qinghua University of China, an SEZ expert, said after touring the area that the zone is favourable for investment as it has a solid industrial foundation and many universities around it.

As a typical unit of the northern agricultural areas on the east coast, the Orang Agricultural Development Zone will be developed into a high-efficiency agricultural base that concentrates on agricultural research and production and to which a modern food production cycle combining stockbreeding and fish farming is applied.

It will be a model base of breeding and seed production and a modern intensive stockbreeding centre based on advanced farming for vegetable and flower production including water-saving and no-soil cultivation in greenhouses and a food production cycle embracing animal husbandry and fruit and fish farming.

Additional efforts will be directed to the development of fruit farming by generalizing experiences gained in the building of the agricultural development zone on the trial stage to the nearby areas. Fresh and seawater fish farms and fish processing bases will be built on the shore of Lake Jangyon.

After touring the area, Arnel Casanova, a Philippine SEZ expert commented that it is beneficial to have selected it as an agricultural development zone.

Onsong Island on the Tuman River on the border between the DPRK and China will be built as a hub of commerce combined with tourism.

Foreign investors toured the zones and expressed their willingness to invest in the economic zones.”

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