S.Korea to develop N.Korea's Najin Port

South Korea will discuss developing Najin Port in North Korea with short- and medium-term investments of W150 billion.

The two Koreas at their latest summit early this month only discussed developing Haeju Port. Since Najin is near the border with China and Russia, South Korea apparently wants to develop it as a logistics base for South Korean enterprises. In the short term, the existing port in Najin will be turned to a container port with a budget of W30 billion. The project will be accompanied by construction of roads and railways to connect with the port.

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