Posted on 06/18/2018 6:27:15 PM PDT by 2ndDivisionVet
Hard-up North Korea has so much to gain from denuclearising and becoming part of the civilised world. The hermit kingdom was actually wealthier than the now-affluent South before the Korean War, and is blessed with everything from abundant mineral resources and oil reserves to fertile agricultural land and stunning tourist-friendly beaches, as noted by President Trump. With this in mind, here are 15 industries that could make North Korea very rich indeed.
Tourism
During their historic summit in Singapore this month, President Trump showed Kim Jong-un a video extolling the virtues of tourism. “They have great beaches,” President Trump told journalists. “You see that whenever they're exploding their cannons into the ocean. I said, 'Boy, look at that view. Wouldn't that make a great condo?'"
North Korea does indeed boast world-class virgin beaches that are ripe for tourism development, and could well rival the South, which has a thriving industry – the tourism sector contributed a bumper $55.3 billion (£41.4bn) to the South Korean economy in 2017....
(Excerpt) Read more at lovemoney.com ...
Duh
They’re next to South Korea and China
Interesting Article - Thanks.
Some of the industries they mention are Tourism, Mining (world-class), Oil and Gas, and Hydropower (world-class).
If they just come quickly up toward South Korean practices, we could also see an explosion in agriculture, seafood production, garment and electronics manufacturing, construction, retail and entertainment (K-Pop music, movies and TV).
It is true that they have huge potential. So much of it could be accomplished just by letting South Koreans step right in and start operating. It is virtually unique for a poorly developed country to have such massive pool of skilled labor and world-class companies at the ready like this, with the same language.
With good policies, they could experience explosive growth.
If they do have explosive growth and population mobility, I wonder if they are considering actual re-unification?
The possibilities are breathtaking.
Even more so, as long as there is an utter tyranny in the north, they can never get "rich" -- fatty Kim is already rich as are his inner coterie, but the rest of the norks are dirt poor
How long before we see the Trump Tower Pyongyang and people vacationing on the North Korean Riviera?
That was funny! :)
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