Add to Favorite
Magazine 
Magazine
North Korean project offers long-term duty-free promiseNorth Korean project offers long-term duty-free promise
Tina Milton
15-Apr-2006
NORTH KOREA. A new 500sq m (5,380sq ft) duty-free store is scheduled to open at North Korea's Geum Gang San mountain resort—developed by Hyundai Asan—in June
Article Preview:
The winner of the duty-free contract is expected to be announced shortly. Korea National Tourism Organisation (KNTO) is favourite to win the concession, although industry sources indicated that a rival
........Your Comments On This Article
Related Stories
Articles bearing the symbol 
require subscription.
(15-Oct-2006) - NORTH KOREA. State-owned South Korean operator Korea National Tourism Organisation (KNTO) has secured a deal with Hyundai Asan to be the exclusive duty-free operator at the Geum Gang San mountain resort, ousting incumbent operator Koryo Samwhan, DFNI understands
(15-Jul-2006) - NORTH KOREA. DFNI understands that the Korea National Tourism Organization (KNTO) has signed a contract with development company Hyundai Asan to manage the new duty-free shop at the Onjunggak-2 East building in North Korea's Geum Gang San mountain resort
(15-Apr-2006) - Mention the potential for duty-free business in North Korea and most will either wince or express doubt that the market even exists
(14-Jul-2006) - The state-owned retailer is to open a store at the Geum Gang San mountain resort
(1-May-2006) - NORTH KOREA. Duty-free operator Koryo Samwham Trading has urged international brands to support the fledgling duty-free market in North Korea's mountain resort Geum Gang San