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The planned final phase
The park was expected to be complete in 2012, covering 65 km2 and employing 700,000 people. The plan also called for the a supporting zone, roughly a third the size of the industrial zone, that was meant for life-quality operations. Specifically, this meant the creation of residential areas, hospitals, shopping centers, and even a proposed theme park to attract tourists.
Firms operating within the park
By the end of the first full year of operation, 11 South Korean firms were operating in the KIR. By 2006, the 15 initial firms had all begun production including JCCOM, Yongin Electronics, TS Precision Machinery, JY Solutec, Magic Micro, Hosan Ace, Romanson, Munchang Co., Daewha Fuel Pump, Taesong Industrial, Bucheon Industrial, Samduk Trading, Shinwon, SJ Tech, and Sonoko Cuisine Ware.[1]
In February of 2016, shortly before the park was closed for the last time, the number of South Korean firms operating in the park had increased to 124.[2] The different types of manufacturing performed in the park broke down to 71 textile and clothing firms, 9 chemical product firms, 23 that dealt in metals and machinery, 13 that produced electronics, and 8 firms of other kinds of production. (1-3)
Notes
edit- ^ Sang-hun, Choe (10 February 2016). "South Korea to Shut Joint Factory Park, Kaesong, Over Nuclear Test and Rocket". The New York Times.
- ^ "What is the Kaesong Industrial Complex?". BBC News. 10 February 2016.