SEOUL, South Korea -- A company with connections to the Unification
Church plans to develop a wide array of tourist facilities in North
Korea's Mount Kumgang region, according to reports from South
Developer Kumgangsan International Group has business
connections with Tongil Group, a South Korean company owned by
Unification Church leader Rev. Sun Myung Moon.
Kumgangsan International Group said it entered into an agreement
with North Korea to develop hotels, ski resorts and golf courses at
In August, Tongil announced an agreement with North Korea to
operate one-day boat excursions for South Koreans wanting to visit
Kumgangsan will face competition from South Korean megacompany
Hyundai Group, which also is set to develop tourism facilities and
in the region before the end of the year.