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Disarmament Diplomacy

Issue No. 21, December 1997

KEDO Announces Cost-Estimate for North Korean Reactors

Following an Executive Board meeting in Washington on 25 November, the Korean Peninsular Energy Development Organization (KEDO) announced its cost-estimate for the construction of two light-water reactors in North Korea. The total cost is expected to reach $5.1785 billion. KEDO was set up by the US, Japan and South Korea, and recently joined by the European Union.

Report: KEDO sets $5.1785 bln price tag on nuclear project, Reuters, 26 November.

© 1998 The Acronym Institute.

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