Hyesan Economic Development Zone
Hyesan Economic Development Zone is a Special Economic Zone located in Hyesan, 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 | Special Economic Zone |
|---|---|
| Location | Hyesan, North Korea |
| Year Established | 2013 |
| Area | 126.04 ha hectares |
| Companies | 92 |
| 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
Hyesan Economic Development Zone is listed with a sector focus including Tourism Hospitality And Creative Media and Agriculture And Aquaculture.
About Hyesan Economic Development Zone
Hyesan Economic Development Zone is a 140.0-hectare special economic zone located in Hyesan Economic Development Zone (혜산경제개발구), Ryanggang 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 tourism hospitality and creative media, agriculture and aquaculture, providing customs, fiscal, and infrastructure support for domestic and international enterprises.
Frequently Asked Questions
What type of zone is Hyesan Economic Development Zone?
Hyesan Economic Development Zone is a Special Economic Zone.
Where is Hyesan Economic Development Zone located?
Hyesan Economic Development Zone is located in Hyesan, North Korea.
When was Hyesan Economic Development Zone established?
Hyesan Economic Development Zone was established in 2013.
Which governing authority is listed for Hyesan Economic Development Zone?
SEZ Explorer records Ministry of Trade, Industry and Investment (North Korea) / National SEZ Authority as the governing authority for Hyesan Economic Development Zone. Confirm its current jurisdiction and remit with the authority.
Which sectors are listed for Hyesan Economic Development Zone?
Hyesan Economic Development Zone is listed with a sector focus including Tourism Hospitality And Creative Media and Agriculture And Aquaculture.
Which benefits and incentives are recorded for Hyesan Economic 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.