Law was adopted by Decree No. 1673 of the Presidium of the Supreme People’s Assembly on May 31, 2011.
Photo: Lagoon Samil
Chapter 1. Fundamentals of the Law
Article 1 – Mission of the law
Kumgangsan Special Zone for International Tourism is formulated to contribute to developing Mt Kumgang into a world-class special zone for tourism by establishing a proper system and order in the development and management of the Kumgangsan Special Zone for International Tourism (hereinafter called the special zone for international tourism).
Article 2 – (Position and location of the special zone for international tourism
The special zone for international tourism is a special zone for tourism in the DPRK where tourism and other related economic activities can be conducted freely. The special zone for international tourism includes Kosong County town, part of Onjong-ri, the Lagoon Samil and Sea Kumgang areas, Inner Kumgang area in Kumgang County and part of Thongchon County.
Article 3 – Principle of development of the special zone for international tourism
It is a policy of the state to develop Mt Kumgang, a famous mountain in the world, into a special zone for international tourism.
The state shall develop Mt Kumgang into a comprehensive tourist resort that can serve various tourist objectives and functions, and actively promote tourism.
Article 4 – Principles for the provision of investment encouragement and conditions for economic activities
Foreign corporate bodies, individuals and economic organizations may invest in the special zone for international tourism.
Compatriots in the south and abroad and relevant organs and associations of the DPRK may invest in it.
The state shall actively encourage investment in the special zone for international tourism and guarantee preferential conditions for economic activities by investors.
Article 5 – Principle of property protection
The state shall protect by law the capital invested by the investors, their lawful income and their vested rights.
Article 6 – Undertaker of the management of the special zone for international tourism
The special zone for international tourism shall be managed by the Kumgangsan Special Zone for International Tourism Management Committee (hereinafter called the special zone for international tourism management committee) under the unifi ed guidance by the central guidance organ for the Kumgangsan Special Zone for International Tourism (hereinafter called the special zone for international tourism guidance organ)
Article 7 – International exchange and cooperation
The state shall intensify exchange and cooperation with international tourist organizations and tourist organizations of other countries in relation to the work of the special zone for international tourism
Article 8 – Application of the legislation
Development, management, sightseeing, tourist industry and other economic activities in the special zone for international tourism are subject to this law and the regulations and detailed rules for implementing the law.
