The Gem in the North: North Korea’s Untapped Mineral and Industrial Potential

3 min read

When North Korea appears in mainstream media headlines, one of the last descriptors you’d expect to see is “tremendous opportunity.” And yet, now that the U.S. and North Korea have concluded an apparently successful summit in Singapore, that’s exactly the tact that some financial experts are taking. North Korea’s natural mineral wealth and a domestic economy essentially frozen since the 1950s could spark the next big wave of Asian investment. In an interview with CNBC, Mobius Capital Partners founder Mark Mobius said North Korea’s 25 million citizens could potentially represent a virtually untouched market that is roughly half the size…...

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John DeCleene Whilst having spent a lot of his life in Asia, John DeCleene has lived and studied all over the world - including spells in Hong Kong, Mexico, The U.S. and China. He graduated with a BA in Political Science from Tulane University in 2016. Fluent in English and proficient in Mandarin and Spanish, he can communicate and connect with most of the world’s population too, and this certainly helped John as he gained work experience interning for the U.S.-Taiwan Business counsel in Washington D.C. as an investment analyst and then working alongside U.S. Senator Robert P. Casey of Pennsylvania as a legislative intern. He subsequently worked as a business analyst for a mutual fund in Singapore, where his passion for travel and aptitude for creating connections between opportunities and ideas was the perfect intersection of natural ability and experience, spending his time travelling between Cambodia, Hong Kong, and China investigating and discovering untapped investment opportunities. John is a fund manager for OCIM’s fintech fund, and currently progressing towards becoming a CFA charter holder. He loves to travel for business and pleasure, having visited 38 countries (including North Korea); he represents the new breed of global citizen for the 21st century.