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China commits to new infrastructure investment in Rason
 Saw this over in "North Korean Economy Watch".Follow-up to a story we've been looking at for a while. Rason (South Koreans would pronounce the initial "R" as an "N") is an ice free port in the Sea of Japan. Rason was formally known as Rajin-Sŏnbong. China has secured the rights to build three new piers at Rason, one of which will be dug out to accommodate 70,000 ton vessels. China will build a power plant, an airfield, and a new rail link to the Chinese city of Tumen. A rail link already exists between Rason and Tumen but it is 156 km in length (and slow). The new link will be just 55 km. China will invest about $3B US. Note that a rail link already exists between the Russian eastern border town of Khasan and Rason. Of the three currently existing piers, one is leased by Russia and the other by the Chinese. Making it easier for the Norks to play a shell game when exporting internationally banned items. Posted by: Mike Ramsey 2012-02-26 |
| http://www.rantburg.com/poparticle.php?ID=339779 |