Chongjin Economic Development Zone

Chongjin Economic Development Zone is a Special Economic Zone located in Chongjin, North Korea, established in 2013, with Ministry of Trade, Industry and Investment (North Korea) / National SEZ Authority listed as its governing authority.

Key Facts

TypeSpecial Economic Zone
LocationChongjin, North Korea
Year Established2013
Area190.38 ha hectares
Companies55
Governing AuthorityMinistry of Trade, Industry and Investment (North Korea) / National SEZ Authority
Statusoperational

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

Chongjin Economic Development Zone is listed with a sector focus including Building Materials And Ceramics, Metalworking And Metallurgy, and Machinery And Industrial Equipment.

About Chongjin Economic Development Zone

Chongjin Economic Development Zone is a 140.0-hectare special economic zone located in Chongjin Economic Development Zone (청진경제개발구), North Hamgyong 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 building materials and ceramics, metalworking and metallurgy, machinery and industrial equipment, providing customs, fiscal, and infrastructure support for domestic and international enterprises.

Frequently Asked Questions

What type of zone is Chongjin Economic Development Zone?

Chongjin Economic Development Zone is a Special Economic Zone.

Where is Chongjin Economic Development Zone located?

Chongjin Economic Development Zone is located in Chongjin, North Korea.

When was Chongjin Economic Development Zone established?

Chongjin Economic Development Zone was established in 2013.

Which governing authority is listed for Chongjin Economic Development Zone?

SEZ Explorer records Ministry of Trade, Industry and Investment (North Korea) / National SEZ Authority as the governing authority for Chongjin Economic Development Zone. Confirm its current jurisdiction and remit with the authority.

Which sectors are listed for Chongjin Economic Development Zone?

Chongjin Economic Development Zone is listed with a sector focus including Building Materials And Ceramics, Metalworking And Metallurgy, and Machinery And Industrial Equipment.

Which benefits and incentives are recorded for Chongjin 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.

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