Title: Inter-Korea business opportunities will reemerge shaping big markets
1Business Consulting Center (BCC) Korea
Inter-Korea business opportunities will reemerge
shaping big markets
April, 2018 Dr. Yoon Lee
2New ear on Korea peninsula?
- North Koreas leader, Kim Jong Un, had announced
(20th, April, 2018) that its pursuit for nuclear
weapons is complete and no longer needs to
enhance its nuclear weapons technology beyond
what it has now. They have proven to the world
that they are a legitimate nuclear power. - This marks a new milestone for North Korea and
may have opened a new era for this - often troubled peninsula.
- With open talks arranged for this April
and in May with President Moon and
South Korean US President
Trump, it may have positive ripple effects on the
business market.
3Whats possible impacts on business
- South Korean business owners are hoping for Seoul
and Pyongyang to come to an agreement to reopen
the Gaesong Industrial Complex which will be the
cornerstone of reviving functioning business
partnerships to both countries. - Once projects like these become more prevalent in
this region, it will encourage more foreign
investments. - These projects can lead to opening of joint power
plants, resuming of gas pipelines, joint
utilities, construction, manufacturing, and even
tourism. - The upcoming meetings will be very important for
the next steps in this region. - Whether it is all talk or not, the world is
closely watching.
4Inter-Korea business opportunities
Sector Business/Project
Tourism Touring programs including Mountain Geumgang will resume DMZ peace park project
Industrial Complex Gaesong industrial complex, jointly run industrial park in North Korea, will reopen and launch expansion projects
Power/ Plant equipments Power transmission projects (from South to North Korea) New power plant projects in NK North East Asia super-grid project (China-Russia-Korea-Japan)
LNG Gas pipe linkage project will resume (South-North Korea-Russia)
Transportation Railroad construction projects will be launched in NK Linkage with TSR(Trans Siberian Railroad)
Construction Due to SOC projects, construction industry will enjoy boom
Manufacturing Industrial products and materials will be supplied from South Korea Steel, machinery, electronics, automotive industry will be beneficiary
5Contact
Business Consulting Center at QYR U.S.A. Office
Mark Liu Tel1-6262952442 E-mail
liujunjie_at_qyresearch.com China Office Simon
Lee(Zhang Dong) Tel 86-1082945717 E-mail
zhangdong_at_qyresearch.com South Korea Office
Sung-Bin Yoon, Ph. D Tel 82-10-7551-1278 E-mai
l yoon_at_innoresearch.co.kr Japan office Tang
Xin Tel81-9038009273 E-mail tangxin_at_qyresearch.
com