The fact that the rebuilding of North Korea’s economy will cost billions of dollars is quite obvious for experts. And the big question is, whether South Korea is willing to invest in the economic potential of its unpredictable neighbor, CNBC reports.
As the TV channel highlights, analysts estimate the cost of rebuilding transport and energy infrastructure of North Korea at more than $63 billion.
In particular, the following transport and infrastructure sectors of the country need to be modernized: railways, highways, airports, seaports, power stations, mines, refineries and gas pipelines. So, about $24.1 billion will be required for 28 railway projects, $22.8 billion will have to be allocated to 33 road projects. Another 16 power plant projects can cost about $10 billion.