Boosting the sanctioned economy of North Korea would not be easy or cheap, but there are geopolitical benefits for South Korea, according to research by Citibank analysts.
Citi estimated that $63.1 billion would be needed to rebuild transportation and infrastructure. Among the costs is an estimated $24.1 billion – needed for 28 railroad projects, $22.8 billion would be required for 33 road projects and 16 power plant projects would cost around $10 billion. The immediate building costs would require an estimated $11.6 billion. Continue reading “Rebuilding North Korea’s economy would cost $63bn, but South Korea would benefit – Citi”