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Thursday, 12 August 2010

New Facility Completed at Gaeseong Industrial Complex


A newly opened factory-apartment at the Gaeseong Industrial Complex promises fresh possibilities for inter-Korean business cooperation, the developer of the facility said Tuesday (Oct. 23).
The state-run Korea Industrial Complex Corp. (KICOX) said the dual-purpose manufacturing and residential facility is specifically designed for small and medium enterprises (SMEs) that are currently being phased out of South Korea due to the lack of workers and high labor costs.

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