Kumgang Expansion

According to the Korea Times, 02-10-2006, the Kumgang tourist zone is being expanded.  Here are some stats:

  • The Extended tour zone will reach Wonsan (Where the Japanese Chongryun ships come in)
  • There are plans to finalize a “master plan” of development for the area (lakes, nursing homes, beaches).
  • Since opening in 1998, 1.2 million south Koreans have visited
  • Hyundai Asan hopes to channel 2.3 trillion won ($2.37 billion) into the project through domestic and foreign investors.
  • Besides the tour-related issues, the two sides also agreed on a payment of $400,000 to the three victims of a traffic accident that happened late last year. It wish I could track that $400,000.  It will end up in interesting places for sure.  The accident happened on Dec. 27 in the tourist area, and North Korea called at first for at least $1 million in compensation. In an earlier traffic accident that killed a North Korean soldier in June 2001, $6,000 in compensation was paid.
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