New DPRK economic zones to benefit investors
By Li Jiabao and Dong Fangyu | China Daily | Updated: 2014-07-25 07:19
Six new economic zones designated by the Democratic People's Republic of Korea mean opportunities for Chinese investors, but it is unclear whether entrepreneurs will be deterred by policies and poor infrastructure, experts said on Thursday.
The new zones will "have great attraction to Chinese enterprise and bring good opportunities, in particular, for businesses with border trade and processing production", said Li Tianguo, a researcher from the National Institute of International Strategy at the Chinese Academy of Social Sciences.
The DPRK decided on Wednesday to set up six more economic development zones, the Korean Central News Agency said in an English-language release.
Photo