The zones will host industry, agriculture, tourism, and export processing, as well as technology and other activities, it said. "Foreign corporate bodies, individuals and economic organizations, and overseas Koreans can invest in the economic development zones," the news agency said.

 

On April 1, the Supreme People's Assembly had decided to create special economic zones to attract more foreign investment. The law's enactment is widely interpreted as showing the North's willingness to develop its economy despite the recent hostilities.