Hyundai & North Korea

Do recent surprise developments in Korea herald greater prosperity for the two Koreas, or is the industrial park merely to be a source of cheap labour for Southern firms and income for key Northern officials?

Originally posted by Bosse de Nage
Do recent surprise developments in Korea herald greater prosperity for the two Koreas, or is the industrial park merely to be a source of cheap labour for Southern firms and income for key Northern officials?

Hyundai built a plant here and vacated in 7 years. What they do is quite transparent and superficial.

That is to say, it's cheap cheap cheap labor and if the plant goes belly-up in a short time, well, they seem to be able to absorb the fallout quite easily.