• Military

• WMD Menu                           

• Introduction
• Systems
• Facilities
• Agencies
• Operations
• Countries
• Hot Documents
• News
• Reports
• Policy
• Budget
• Congress
• Links

• Intelligence
• Homeland Security
• Space

Regulations on Real Estate in Mt. Kumgang Tourist Zone Adopted

Korean Central News Agency of DPRK

    Pyongyang, October 11 (KCNA) -- Decision No. 36 of the Presidium of the DPRK Supreme People's Assembly "On the Adoption of the Regulations on Real Estate in Mt. Kumgang Tourist Zone" dated September 21, Juche 93 (2004), has been published. The decision says the regulations were adopted and the Cabinet and organs concerned of the DPRK are to take working measures for their implementation.
    The regulations consist of 57 articles of four chapters.
    The mission of the regulations is to strictly establish the order of acquisition and dealing of the real estate in Mt. Kumgang Tourist Zone so as to fully ensure economic activities and living conditions of enterprises and individuals.
    The regulations are applied to the enterprises and individuals that acquire, transfer, lease and mortgage real estate in Mt. Kumgang Tourist Zone.
    They are applied also to those enterprises and individuals that acquire real estate for the construction of infrastructure linking a spot outside the tourist area to it.