Hyondong Industrial Development Zone
Hyondong Industrial Development Zone is a Industrial Park located in Wonsan (Hyondong), North Korea, established in 2013, with Ministry of Trade, Industry and Investment (North Korea) / National SEZ Authority listed as its governing authority.
Key Facts
| Type | Industrial Park |
|---|---|
| Location | Wonsan (Hyondong), North Korea |
| Year Established | 2013 |
| Area | 483.06 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
Hyondong Industrial Development Zone is listed with a sector focus including Machinery And Industrial Equipment, Metalworking And Metallurgy, and Light Manufacturing And Consumer Goods.
About Hyondong Industrial Development Zone
Hyondong Industrial Development Zone is a 371.9-hectare industrial park located in Hyondong Industrial Development Zone (현동공업개발구), Kangwon Province, North Korea, established in 2013 under the regulatory oversight of Ministry of Trade, Industry and Investment (North Korea) / National SEZ Authority. The zone specializes in machinery and industrial equipment, metalworking and metallurgy, light manufacturing and consumer goods, providing customs, fiscal, and infrastructure support for domestic and international enterprises.
Frequently Asked Questions
What type of zone is Hyondong Industrial Development Zone?
Hyondong Industrial Development Zone is a Industrial Park.
Where is Hyondong Industrial Development Zone located?
Hyondong Industrial Development Zone is located in Wonsan (Hyondong), North Korea.
When was Hyondong Industrial Development Zone established?
Hyondong Industrial Development Zone was established in 2013.
Which governing authority is listed for Hyondong Industrial Development Zone?
SEZ Explorer records Ministry of Trade, Industry and Investment (North Korea) / National SEZ Authority as the governing authority for Hyondong Industrial Development Zone. Confirm its current jurisdiction and remit with the authority.
Which sectors are listed for Hyondong Industrial Development Zone?
Hyondong Industrial Development Zone is listed with a sector focus including Machinery And Industrial Equipment, Metalworking And Metallurgy, and Light Manufacturing And Consumer Goods.
Which benefits and incentives are recorded for Hyondong Industrial Development 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.