North Korea’s new highway link

A new highway is to be built in North Korea, connecting Hamhung with Wonsan. The 112km highway project is being split into five sections for the tender process, which is being handled by a Chinese firm. Funding is being supplied by China for the project. Construction is expected to start in the second quarter of 2019, with the completion date set for the second quarter of 2022. The project does face a number of challenges however, not the least of which is how equipment will be provided for the work give th
January 21, 2019 Read time: 1 min

A new highway is to be built in North Korea, connecting Hamhung with Wonsan. The 112km highway project is being split into five sections for the tender process, which is being handled by a Chinese firm. Funding is being supplied by China for the project. Construction is expected to start in the second quarter of 2019, with the completion date set for the second quarter of 2022. The project does face a number of challenges however, not the least of which is how equipment will be provided for the work give the sanctions process in place for North Korea

Finance & Funding

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