Showing posts with label North Korea. Show all posts
Showing posts with label North Korea. Show all posts

Sunday, April 19, 2009

Computer Programming in North Korea

"The Democratic People's Republic of Korea (DPRK, also
known as North-Korea) finds itself at the beginning of
a new era of international economic cooperation. The
DPRK is offering various products and services to
export markets, and there is also a need for many
foreign products and investments.

The Chamber of Commerce Amsterdam, GPI
Consultancy and the Netherlands Council for Trade
Promotion recently organized a business mission in
order to investigate the business opportunities in this
country. The economic mission to Pyongyang took
place from 28 September to 4 October 2008."

Cited in:
http://www.nkeconwatch.com/2009/04/19/north-koreas-programming-industry/

Company website
http://www.gpic.nl/

Dutch Trade Mission to North Korea
http://www.pdfdownload.org/pdf2html/pdf2html.php?url=http%3A%2F%2Fwww.gpic.nl%2FNK-report2008.pdf&images=yes

Wednesday, February 25, 2009

North Korea Fund Seeks $50 Million After Terror Label Removed

Feb. 24 (Bloomberg) -- A U.K. businessman is seeking to raise $50 million to invest in North Korea, reviving a 2005 plan after the U.S. government removed the communist regime from its list of countries that support terrorism.

ChosunFund Pte. Ltd. will join with North Korean partners for mining and energy projects, Colin McAskill, founder of the Singapore-incorporated fund, said in an interview.

“The country holds huge natural resources but is capital starved and lacks the technology and management skills with which to develop them,” McAskill said.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aJ6sP0GRnSA0&refer=home

(I was lead to the article by North Korea Economy Watch: http://www.nkeconwatch.com/2009/02/24/mcaskill-seeing-investors-for-chosun-fund/)

The ChosunFund website has an interesting investor presentation: http://www.pdfdownload.org/pdf2html/pdf2html.php?url=http%3A%2F%2Fwww.chosunfund.com%2Fuploads%2Fedocs%2F00-ChosunFundInvestorPresentationFeb2009.pdf&images=yes
or http://www.chosunfund.com/pages/chosun/about.aspx
"Not by strength, by guile."