LG Tech Support

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Monday, 8 April 2013

Korea Fact of the Day: Gaeseong Industrial Complex

Posted on 19:38 by Unknown
Gaeseong Industrial Complex (GIC) is an industrial complex in Gaeseong, North Korea, which is developed jointly by the two Koreas:  South Korea supplies the corporations and capital equipments, and North Korea supplies the workers and the land. Every day, hundreds of South Korean workers--usually middle- and senior-managers--enter and exit North Korea to oversee the operations at the GIC.

As a part of its attempt to raise the tension in the region, North Korea has forbidden South Korean managerial workers from entering North Korea for the last six days. (South Korean workers who were at the GIC, however, were allowed to return home.) Yesterday, North Korea announced that it will shut down the GIC and withdraw all of its workers. Shutting down the GIC is probably the highest level of threat that North Korea may issue, short of actually attacking South Korea. This is because since its founding in 2005, the GIC never closed--not in the face of, for example, the shelling of Yeonpyeong-do in which North Korea actually attacked South Korean territory and killed four people.

Here is a collection of all relevant charts regarding the GIC, created by South Korea's Ministry of Unification. GIC hosts 123 corporations, which manufactured $460 million's worth of products in 2012. It employs over 53,000 North Korean laborers. Last year, nearly 246 vehicles crossed the Armistice Line from South Korea to North Korea every day to deliver supplies to the GIC.

Got a question or a comment for the Korean? Email away at askakorean@gmail.com.
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest
Posted in | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • Grammar Rule: Beginning-Sound Rule [두음법칙]
    Dear Korean, Why is the Korean family name 노, as in 노태우 and 노무현, anglicized as "Roh"? It's both spelled and pronounced as ...
  • Ask a Korean! News: Sen. Grassley Says Goodwin Liu has "Communist China" Mindset
    Here is a bit of a background. Goodwin Liu is a professor and associate dean of Boalt Hall Law School at U.C. Berkeley. President Obama nomi...
  • 50 Most Influential K-Pop Artists: 20. Crying Nut
    [ Series Index ] 20.   Crying Nut [크라잉넛] Years of Activity: 1998-present Members: Park Yoon-Sik [박윤식] - Vocal, Guitar Lee Sang-Myeon [이상면...
  • (no title)
    According to a survey by Mastercard, the most favored out-of-country travel destination for Koreans was Japan: 36 percent of Koreans who wer...
  • The Mosquito Truck
    Dear Korean, What chemicals are used in the mosquito fogging trucks and are they harmful to people? If so, why are they so accepted by Korea...
  • Pop Music Disappointments, and K-Pop
    The Korean saw this some time ago:   12 Extremely Disappointing Facts about Popular Music . Just to give a few samples: Flo Rida's “Low”...
  • IMF Bailout of Korea During East Asian Financial Crisis -- Interlude
    [ Series Index ] How ironic is it that as this blog discusses the IMF bailout of Korea during the East Asian Financial Crisis of 1997-98, U....
  • 50 Most Influential K-Pop Artists: 21. Lee Seon-Hee
    [ Series Index ] 21. Lee Seon-Hee [이선희] Years of Activity: 1985-present Discography: Oh the Good Old Days [아! 옛날이여] (1985) Lee Seon-Hee v...
  • 50 Most Influential K-Pop Artists: 19. Kim Wan-Seon
    [ Series Index ] 19.  Kim Wan-Seon [김완선] Also romanized as:   Kim Wan Sun Years of Activity:  1986-present? (Last regular album in 2005, a s...
  • 50 Most Influential K-Pop Artists: 30. Sinawi
    [ Read more reviews from the Korean from the   Library Mixer . To join,   click here .]   [ Series Index ] 30.   Sinawi [시나위] Also Romanized...

Blog Archive

  • ▼  2013 (73)
    • ►  October (3)
    • ►  September (5)
    • ►  August (7)
    • ►  July (8)
    • ►  June (7)
    • ►  May (6)
    • ▼  April (8)
      • Korean Fact of the Day: PSY is No. 2
      • When Korea's E-Sports was at the Brink of Death
      • Korean Statistic of the Day: Reusable Paper
      • Legalized Pot-Stepping
      • Can North Korea Back Out Now?
      • Korea Fact of the Day: Gaeseong Industrial Complex
      • "Anonymous" Hacking of NK Website Leads to McCarth...
      • Thoughts on NYT Article about the Oikos Shooting
    • ►  March (18)
    • ►  February (6)
    • ►  January (5)
  • ►  2012 (101)
    • ►  December (8)
    • ►  November (6)
    • ►  October (3)
    • ►  September (6)
    • ►  August (2)
    • ►  July (6)
    • ►  June (8)
    • ►  May (7)
    • ►  April (13)
    • ►  March (13)
    • ►  February (12)
    • ►  January (17)
  • ►  2011 (294)
    • ►  December (24)
    • ►  November (19)
    • ►  October (25)
    • ►  September (22)
    • ►  August (24)
    • ►  July (17)
    • ►  June (25)
    • ►  May (23)
    • ►  April (33)
    • ►  March (30)
    • ►  February (22)
    • ►  January (30)
  • ►  2010 (32)
    • ►  December (24)
    • ►  November (8)
Powered by Blogger.

About Me

Unknown
View my complete profile