Mark Willacy : Jan 16, 2011
North Korea has adopted a 10-year economic development plan, vowing to invest $100 billion in key sectors such as mining and agriculture.
The new economic plan also calls for the construction of thousands of kilometres of roads, the renovation of the rail network and the production of millions of tonnes of iron.
The closed communist state hopes to lure $100 billion in investment over the next decade.
A Chinese state company recently pumped $2 billion into establishing a free trade zone in the North.
But the impoverished communist state still suffers from chronic food shortages and economic paralysis.
The hermit kingdom relies heavily on aid, with malnutrition and economic stagnation plaguing the country.
http://www.abc.net.au/news/stories/2011/01/16/3113805.htm?section=justin
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