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page title : South-North EC

South-North EC

South-North Economic Cooperation Projects

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South-North Economic Cooperation Projects

LH is driving forward a range of South-North Korea economic cooperation initiatives to ensure peace and economic prosperty of the Korean peninsula.

The Kaesong Industrial Complex project is being conducted based on the combination of South’s capital and technology prowess and North Korea’s land and manpower reserves, making it the first and largest instance of economic cooperation for both Koreas.It represents a new direction for the South-North community.The joint initiative provides South Korea’s small- and medium-sized enterprises with the benefits of North Korea’s low-priced land, facilities and low-wage workforce to support their competitive business activities, while improving living conditions for North Korea’s citizens.