Second, North Korea may show its public open-door image by pursuing this project. A remarkable progress hasn’t been made although North Korea continues to amend regulations and institutions for attracting foreign investments since 1990s. It is well shown in Sinuiju special economic zone (SEZ) in 2002. However, Kaesong industrial complex project is different from that it is an economic joint venture through a direct agreement by two Koreas. Therefore the North may outgrow it closed image by this project.