Session

Virtual Economic Tour of the Wonsan, Geumgangsan and North Kangwon: A 5-year Development Initiative

Starting in 2013, Choson Exchange ran workshops in Wonsan, Geumgansan, and Kangwon provinces in DPR Korea (north Korea). We brought officials from the province to Singapore and Vietnam to learn about land and property development. In late 2019, we visited Wonsan, Kalma, and Geumgangsan to restart a long-term economic training initiative there. This area will play a critical role in inter-Korean economic cooperation. Future engagement should explore how to build norms for developmental cooperation between both Korea and Asia through an inter-Kangwon economy. It should also consider how exchanges in this area can restart economies in a post-COVID-19 recovery. Curated by Choson Exchange’s urban planner, Calvin Chua, the Choson Exchange team will take you through a virtual tour of the region and its economic potential and discuss what needs to be done to unlock that potential. During this event, we will also unveil a Kangwon (North) Province microsite which we will use to track progress on economic initiatives in the area.