North Korea has recently been making plans to revitalize its tourism industry, one of the few legal avenues for the regime to earn foreign currency. Revitalization plans include instructions to import materials needed to complete construction of the Wonsan-Kalma Coastal Tourist Zone and to draft plans for attracting foreign investment.
The Ministry of External Economic Relations [MEER] is working on plans to attract investment in the Kalma-Wonsan complex from individuals and organizations in China and Russia. This strategy appears to be part of a move to attract foreign capital for tourism construction projects.
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