[Special Stocks] Inter-Korean Cooperation Stocks Prepare for Detailed Survey on North-South Railway Connection... Until DMZ Area Protection Lifted

[Asia Economy Reporter Park Hyungsoo] Stocks related to inter-Korean economic cooperation are showing strength. It appears that the announcement by Kim Yeon-cheol, Minister of Unification, about preparing a detailed investigation for connecting inter-Korean railroads and roads has influenced the stock prices.

As of 1:26 PM on the 9th, Busan Industrial is trading at 151,000 KRW, up 10.22% from the previous day. Yushin and Daewoo T&I are also showing strong performance.

Samryung Mulsan and Ilsin Stone are also strong due to expectations of land development near the DMZ.

Minister Kim attended the National Assembly Foreign Affairs and Unification Committee plenary session that day and responded to the question, "If approval is obtained from the UN Security Council Sanctions Committee, is it possible to connect inter-Korean railroads and roads?" by saying, "(According to the UN Security Council resolution) it is classified as non-commercial public infrastructure, so the procedure of the Sanctions Exemption Committee must be followed."

He added, "Currently, the government is preparing a detailed investigation following the initial survey, and is also working domestically on parts of the design that can be prepared."

Minister Kim gave a similar response to the question about whether there is a concrete plan to realize inter-Korean exchange and cooperation projects presented in President Moon Jae-in's New Year's address amid North Korean sanctions.

The government also decided to additionally lift military facility protection zones equivalent to 26.6 times the area of Yeouido. The Democratic Party and the government held a party-government consultative meeting on the theme of 'Lifting and easing military facility protection zones' at the National Assembly Members' Office Building that day.

Democratic Party Policy Committee Chairman Jo Jeong-sik said, "We have decided to lift 77,096,121㎡ of military facility protection zones in 14 areas where there are no military operational restrictions," adding, "79% of the lifted areas are in Gangwon Province, and 19% are in Gyeonggi Province, prioritizing the lifting of zones in border areas densely populated with military facilities."

This content was produced with the assistance of AI translation services.