Unlocking North Korea’s economic potential

The planned summit between Kim Jong-un and U.S. President Donald Trump is sharpening focus on the dividends North Korea could enjoy as part of one of the world’s most dynamic economic regions

South Korean President Moon Jae-in plans to develop three economic belts to link his country with North Korea, then China and Russia

Reopening transport links between South and North Korea would pave way to tapping North’s vast
mineral reserves, estimated to be worth $6 trillion


Pan Yellow Sea belt
Pan East Sea belt
DMZ belt
Economic or industrial zone
Seaport

250km 150 miles
CHINA
NORTH KOREA
Sinuiju
Kaesong
Rason
Wonsan-Mount Kumgang
Incheon
SOUTH KOREA
Busan
Southeastern coast
RUSSIA
JAPAN


Jongju: Could be world’s largest deposit of rare earth elements – crucial to manufacture of
modern electronics
Rail lines
Mineral resources
100km 60 miles
CHINA
Sinuiju
West Sea Basin Oil
Pyongyang
Nampo
Yellow Sea
Kaesong
Holdong Gold
Wonsan
NORTH KOREA
Hyesan Copper, silver
Musan Iron ore
Rason
Chongjin
Daeheung Magnesite
Geomdeok Zinc
East Sea Basin Oil
East Sea
Demilitarized Zone
SOUTH KOREA


Source: Bloomberg 
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