Business consulting center (bcc) korea

Business Consulting Center (BCC) Korea

Inter-Korea business opportunities will reemerge shaping big markets

April, 2018 Dr. Yoon & Lee

New ear on Korea peninsula?  North Korea’s 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

South

Korean

President Moon and US President Trump, it may have positive ripple

effects on the business market.

2

What’s 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.

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Inter-Korea business opportunities Sector Tourism

Industrial Complex

Power/ Plant equipments

LNG

Transportation

Construction

Manufacturing

Business/Project  Touring programs including Mountain Geumgang will resume  DMZ peace park project  Gaesong industrial complex, jointly run industrial park in North Korea, will reopen and launch expansion projects  Power transmission projects (from South to North Korea)  New power plant projects in NK  North East Asia super-grid project (China-Russia-Korea-Japan)  Gas pipe linkage project will resume (South-North Korea-Russia)  Railroad construction projects will be launched in NK  Linkage with TSR(Trans Siberian Railroad)  Due to SOC projects, construction industry will enjoy boom  Industrial products and materials will be supplied from South Korea  Steel, machinery, electronics, automotive industry will be beneficiary 4

Contact Business Consulting Center at QYR U.S.A. Office Mark Liu Tel:+1-6262952442 E-mail: liujunjie@qyresearch.com China Office Simon Lee(Zhang Dong) Tel : +86-1082945717 E-mail : zhangdong@qyresearch.com

South Korea Office Sung-Bin Yoon, Ph. D Tel : +82-10-7551-1278 E-mail : yoon@innoresearch.co.kr Japan office Tang Xin Tel:+81-9038009273 E-mail: tangxin@qyresearch.com 5