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SEOUL, Oct. 2 Asia Pulse - Per capita production at an industrial complex for South Korean companies in North Korea passed US$1,000 a month in August, South Korea's Unification Ministry said Sunday.
South Korea began financing and building the complex in the North Korean border city of Kaesong in June 2003 as part of its policy of engaging the impoverished communist neighbor.
In August, total production at the Kaesong industrial complex was estimated at $US6.8 million, up more than 20 per cent from $5.5 million in July, the ministry said.
The Kaesong complex's per capita production has been on a steady rise. The production was at $937 in the first quarter of this year, up from $758 in the fourth quarter of last year, in the third quarter and ...