Hwanggumpyong and Wihwa Islands Economic Zone
Hwanggumpyong and Wihwa Islands Economic Zone is a Special Economic Zone located in Sinuiju, North Korea, established in 2011, with Ministry of Trade, Industry and Investment (North Korea) / National SEZ Authority listed as its governing authority.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Sinuiju, North Korea |
| Year Established | 2011 |
| Area | 115.71 ha hectares |
| Companies | 107 |
| Governing Authority | Ministry of Trade, Industry and Investment (North Korea) / National SEZ Authority |
| Status | operational |
Recorded Benefits and Incentives
Corporate tax holiday, 0% import duties on machinery and raw materials, 100% foreign ownership, One-Stop Shop licensing, and unrestricted profit repatriation.
Verify eligibility and current terms with the zone authority.
Recorded Sector Focus
Hwanggumpyong and Wihwa Islands Economic Zone is listed with a sector focus including Machinery And Industrial Equipment, Agro Processing And Food Beverage, and Bonded Logistics And Warehousing.
About Hwanggumpyong and Wihwa Islands Economic Zone
Hwanggumpyong and Wihwa Islands Economic Zone is a 140.0-hectare special economic zone located in Hwanggumpyong and Wihwa Islands Economic Zone (황금평·위화도경제지대), North Pyongan Province, North Korea, established in 2011 under the regulatory oversight of Ministry of Trade, Industry and Investment (North Korea) / National SEZ Authority. The zone specializes in machinery and industrial equipment, agro processing and food beverage, bonded logistics and warehousing, providing customs, fiscal, and infrastructure support for domestic and international enterprises.
Frequently Asked Questions
What type of zone is Hwanggumpyong and Wihwa Islands Economic Zone?
Hwanggumpyong and Wihwa Islands Economic Zone is a Special Economic Zone.
Where is Hwanggumpyong and Wihwa Islands Economic Zone located?
Hwanggumpyong and Wihwa Islands Economic Zone is located in Sinuiju, North Korea.
When was Hwanggumpyong and Wihwa Islands Economic Zone established?
Hwanggumpyong and Wihwa Islands Economic Zone was established in 2011.
Which governing authority is listed for Hwanggumpyong and Wihwa Islands Economic Zone?
SEZ Explorer records Ministry of Trade, Industry and Investment (North Korea) / National SEZ Authority as the governing authority for Hwanggumpyong and Wihwa Islands Economic Zone. Confirm its current jurisdiction and remit with the authority.
Which sectors are listed for Hwanggumpyong and Wihwa Islands Economic Zone?
Hwanggumpyong and Wihwa Islands Economic Zone is listed with a sector focus including Machinery And Industrial Equipment, Agro Processing And Food Beverage, and Bonded Logistics And Warehousing.
Which benefits and incentives are recorded for Hwanggumpyong and Wihwa Islands Economic Zone?
SEZ Explorer's current record lists: Corporate tax holiday, 0% import duties on machinery and raw materials, 100% foreign ownership, One-Stop Shop licensing, and unrestricted profit repatriation. Verify eligibility and current terms with the zone authority.