Last modified: 2021-08-25 by ian macdonald
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image located by Vanja Poposki, 21 June 2012
See also:
The Kaesong Industrial Region (KIR) or Kaesong Industrial Zone (KIZ)
(Korean: 개성공업지구) is a special administrative industrial region of North Korea
(DPRK). It
was formed in 2002 from part of the Kaesong Directly-Governed City (or
Special Cities, which are first-level administrative division within
the country, some sort of District or Metropolitan areas that go above
States/Departments/Regions in its budget size.
Source:
https://en.wikipedia.org/wiki/Special_cities_of_North_Korea
The park allows
South Korean
companies to employ cheap labour that is
educated, skilled, and fluent in Korean, whilst providing North Korea
with an important source of foreign currency
Its most notable feature is the Kaesong industrial park, operated as a
collaborative economic development with
South Korea
(ROK). The park is located ten
kilometres (six miles) north of the Korean Demilitarized Zone.
In the year 2000 the first agreement was signed to set up an
industrial complex under way run by the two countries with the
establishment of Hyundai Asan (official websites:
http://www.hyundai-asan.com/ and
http://www.hdasan.com/ ) which is "an
arm of the South Korean conglomerate
Hyundai Group (
Source: https://en.wikipedia.org/wiki/Hyundai_Asan
Construction started in
June 2003 (part of the agreements during the 50th anniversary of the
end of the Korean War (1950-1953) as steps taken towards
reunnification (official website), and in
August 2003 North and South Korea ratified four tax and accountancy
agreements to support investment. Pilot construction was completed in
June 2004, and the industrial park opened in December 2004.
Postwar Kaesong and the part of Kyonggi Province that came to be
occupied was organized into "Kaesŏng Region" (Kaesŏng Chigu;개성 지구; 開城
地區). In 1955, Kaesŏng became a "Directly Governed City" (Kaesŏng
Chikhalsi; 개성 직할시; 開城 直轄市). In 2002, Kaesŏng Industrial Region was
formed from part of Kaesŏng. In 2003, the remaining part of Kaesŏng
(excluding the Industrial Region) became part of North Hwanghae
Province. The city is close to the Demilitarized Zone that divides
North and South Korea."
Sources: https://www.kidmac.com/kor/contents.do?menuNo=100143,
http://www.investgic.org/en/contents.do?menuNo=100093 and
https://en.wikipedia.org/wiki/Kaesong_Industrial_Region
The Foundation's official website is located here (it acts as some
sort of bilateral Chamber of Commerce) (its official name GIDF -
Gaeseong Industrial District Foundation-Foreign Investment Support
Center):
The District Management Committee's official websites are located here
(it acts as the executive organization that runs the faciliy):
https://www.kidmac.com / and
https://oks.kidmac.com/ (intranet)
KIR (or KIZ) is some sort of Free economic zones (FEZ) or free zones
(FZ), (whi are) are a class of special economic zone (SEZ) designated
by the trade and commerce administrations of various countries. The
term is used to designate areas in which companies are taxed very
lightly or not at all to encourage economic activity. The taxation
rules are determined by each country. The
World Trade Organization
(WTO) Agreement on
Subsidies and Countervailing Measures (SCM) has content on the
conditions and benefits of free zones.
Esteban Rivera, 10 April 2016
Flag of the Kaesong Industrial Region, North Korea.
Vanja Poposki posted in I Love Flags, 21 June 2012
The flag is a blue cloth, covered with the regional logo and the inscription
한국어 버전 . The inscription reads in translation as "Korean Version". Really, this
flag like image is part of a button of a website.
My brother visited a few weeks ago in their official professionel mission North
Korea. He also visited the Kaesong Industrial District. Here, only the
Korean reunification flag was to see. In the district no North Korean
and no
South Korean
flags none were needed. There was no propaganda.
Jens Pattke, 10 April 2016
In addition to the flag of reunification led Management and Foundation own flag. These flags were also white with the relevant logo and bilingual inscription centered.
image by
Jens Pattke, 10 April 2016
image by
Jens Pattke, 10 April 2016
The flag of Management Committee is withe with logo and inscription 개성
공업 지구 관리위원회 and Kaesong Industrial District Management Committee.
Image of flag variant.
Jens Pattke, 10 April 2016
The flag of the Management Committee is also seen
here.
Source:
http://sejongicon.co.kr/board/bbs/board.php?bo_table=portfolio&wr_id=61
Esteban Rivera, 10 April 2016
image by
Jens Pattke, 10 April 2016
The flag of
Foundation is withe with logo and inscription 개성 공업 지구 재단 and Kaesong Industrial
District Foundation.
Jens Pattke, 10 April 2016