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Sale of Gaesong Plots Likely to Begin Next Month

Written: 2005-07-18 10:44:09Updated: 0000-00-00 00:00:00

Sale of land plots in North Korea’s Gaesong industrial complex is expected to begin as early as next month.

A government official said Monday that Seoul plans to sell a 16-and-a-half hectare plot located near the pilot site of the industrial park to South Korean companies around the year's third quarter.

The Gaesong industrial complex will be built on a total of six-thousand-600 hectares of land over three phases, with completion set for 2012.

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