2010 North Korea Business Delegations
2010 North Korea Business Delegations - In an attempt to increase the number of foreign companies interacting with the DPRK and stimulate a rise in partnerships and investment in North Korea, KTG are now offering tours that will allow companies and individuals meet with potential partners in the DPRK and have a greater understanding of the business opportunities in the country. Please see our 2010 Pyongyang Trade Fair Tour below for more details.
Reasons which have started to attract several foreign companies in the DPRK are the country's virtually untouched market, its skilled workforce and its strategic location in North East Asia.
Opportunities exist for foreign companies supplying and purchasing from DPRK companies in a wide range of fields. A few examples of sectors of major attraction to foreign companies are:
IT & Animation |
DPRK companies working under ISO9001 quality control measures provide software to foreign and domestic companies, including Samsung in South Korea, and animation to several Japanese and western companies. There has been a constant increase in the IT sector in the DPRK in the past years, both in the number of companies being set up and the number of employees being recruited. IT remains a popular subject in North Korea, with more people applying to study degrees in this field than positions available. |
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Textiles & Garment Manufacturing: |
Companies cooperate with local DPRK textile firms to produce their goods. Material is normally shipped to the DPRK where the final product is made. This same model is used in a variety of industries and not only confined to textiles. |
Fishery |
The DPRK has several fish farms as well as seafood processing plants around the country and exports its produce mostly to Asian partners, though there has been an increase in European buyers. |
Production & Manufacturing |
Sectors of traditional foreign investment interest here have been machinery production, cement, steel and natural resources as well as food processing, aluminium and plastics. |
Others |
Vehicles, precious stones processing, pharmaceuticals, cosmetics, Korean alcoholic beverages, hardglasswear, paint production, electric appliances, solar batteries are all goods & services produced in the DPRK . |
If you are interested in investing in the DPRK or if you would like to explore what opportunities there may be for your business please do not hesitate to let us know. Working directly with the DPRK authorities, we are currently running customised trips for potential investors and business partners that will give you the chance to establish direct ties with DPRK companies. We will have a scheduled tour that will allow participants have private meetings with potential DPRK partners and visit the Pyongyang Trade Fair in September 2010.
Dates |
Tour Name & Events |
App.deadline |
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September 14 - September 18 5 days, 4 nights in the DPRK |
Pyongyang September Trade Fair Tour Cost: €1890* |
August 10 |
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*Discounts offered if there is more than one representative per company.
We will also be offering private business tours all year-round upon request.
Please bear in mind that we will need to submit all the required information from your company and the person/s travelling to the DPRK one month prior to the departure date to the DPRK.
If you are interested, please send as an email at biz@north-korea-travel.com for more information.
Candidates interested in having a booth at the fair, please contact us for more details.
The rates shown for our North Korea Business Delegation trips following:
- Roundfare trip from China to the DPRK (customers may take the train back if they wish)
- Entrance to the Pyongyang International Trade Fair
- Scheduled private meetings with potential Korean business partners
- All local transfer costs
- Accommodation in Pyongyang (4 star accommodation, twin room)
- Three meals per day
- Guide service in English / requested language if other
- Entrance tickets to all tourist attractions
The following are excluded in our North Korea group tours:
- Visa fee (€30 if issued in Beijing)
- Airirang Mass Games tickets (starting from €80)
- Upgrading room to a single one (€30 per room per night if upgraded before hand)
- Extra drinks/snacks (meals include one complimentary drink & water)
- If deciding to take the train back, meals on the train from the DPRK to Beijing (approx. €5. You can also bring your own food)
