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Home News North Korea’s new highway link

North Korea’s new highway link

by tmechkarova
January 22, 2019
in News
Reading Time: 1 min read
A A

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

Categories: Finance & Funding

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