About the Book
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 26. Chapters: Angang-eup, Anju (city), Bodeok-dong, Buk District, Ulsan, Bulguk-dong, Cheonbuk-myeon, Gyeongju, Chungcheong, Dongcheon-dong, Gyeongju, Gampo-eup, Gangdong-myeon, Gyeongju, Geoncheon-eup, Gwonseon-gu, Gyeongsang, Hamgyong, Hoeryong, Hwanghae, Hwangnam-dong, Hwango-dong, Hwangseong-dong, Gyeongju, Hyeongok-myeon, Jangan-gu, Jeolla, Jungbu-dong, Gyeongju, Jung District, Ulsan, Kaechon, Kaesong Industrial Region, Mount Kumgang Tourist Region, Naenam-myeon, Nam District, Ulsan, Oedong-eup, Paldal-gu, Pyongan, Sannae-myeon, Gyeongju, Seo-myeon, Gyeongju, Seondo-dong, Seongdong-dong, Gyeongju, Seonggeon-dong, Sinuiju Special Administrative Region, Sunchon, North Korea, Tapjeong-dong, Tokchon, Wolseong-dong, Gyeongju, Yangbuk-myeon, Yangnam-myeon, Yeongtong-gu, Yonggang-dong, Gyeongju. Excerpt: Kaes ng Industrial Region is a special administrative industrial region of North Korea. It was formed in 2002 from part of Kaes ng Directly Governed City. Kaes ng Industrial Park is being operated in the region, as a collaborative economic development with South Korea. It is located ten kilometres (six miles) north of the Korean Demilitarized Zone with direct road and rail access to South Korea and an hour's drive from Seoul. Construction started in June 2003, and in August 2003 North and South Korea ratified four tax and accountancy agreements to support investment. Pilot phase construction was completed in June 2004, and the industrial park opened in December 2004. In the park's initial phase, 15 South Korean companies constructed manufacturing facilities. Three of the companies had started operations by March 2005. First phase plans envisaged participation by 250 South Korean companies from 2006, employing 100,000 people by 2007. The park was expected to be complete in 2012, covering 25 square miles (65 km) employing 700,000 people. As of June 2010, 110 factories were employing approximately 42,000 DPRK workers and 800 ROK staff. Companies operating or under construction in the complex are seeking to hire an additional 26,000 North Korean workers. Construction of dormitories and other infrastructure for the additional workers is on hold as the Lee Myung-bak administration has prioritized movement on North Korean nuclear issues. Electrical power and telephone service is supplied from South Korea; 15MW of power is being supplied in 2005, with plans for a 100MW supply by 2007. The Kaes ng industrial park is run by a South Korean committee that has a fifty-year lease which began in 2004. Hyundai Asan, a division of South Korean conglomerate Hyundai has been hired by Pyongyang to develop the land. The firms are taking advantage of cheap labour available in the North to compete with China to create low-end goods such as shoes, clothes, and watches. Park Suhk Sam, senio
