Here is already possibly billions in investment dollars to upgrade North Korea’s infrastructure for the little to nothing the Kim regime has tangibly offered in return:
The historic inter-Korean summit is raising hopes for cooperation on social overhead capital (SOC) projects as the leaders of South and North Korea agreed on Friday to link cross-border roads and railways.
In the joint statement released by South Korean President Moon Jae-in and North Korean leader Kim Jong-un after their summit, the two Koreas agreed to push forward the SOC projects agreed upon by late South Korean President Roh Moo-hyun and late North Korean leader Kim Jong-il in 2007 for balanced growth and joint prosperity on the Korean Peninsula.
As part of the first step, Seoul and Pyongyang agreed to connect cross-border roads and railways and upgrade the existing infrastructure, the two sides said.
The plan includes taking practical steps to utilize the Gyeongui railway, which links Shinuiju, a city on the Korean Peninsula’s border with China, and Seoul.
During the summit talks, Moon said if the railroad is connected with the North, both South and North Korea can make use of trains in the future. Kim praised the quality of the railway that connects Seoul and PyeongChang, the site of the 2018 Winter Olympic Games in February. [Yonhap]
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