Masikryong Ski Resort (Korean: 마식령 스키장) is a ski resort at the summit of the 1,360-metre (4,460 ft) Taehwa Peak (Korean: 대황산) some 20 kilometres (12 mi) outside Wonsan City in Kangwon Province, North Korea.
According to the official project plan, the first stage of the 2,430-square-kilometre (940 sq mi) development cost US$35,340,000 (£21 million; €25.5 million) and included construction of a luxury hotel, ice rink, swimming pool and restaurants. Official revenue forecasts suggest that 5,000 people will visit each day, generating an estimated annual income of $18,750,000 (£11.1 million; €13.5 million).[1] The Masikryong (literally, "horse-resting pass") project was initiated by the North Korean government as part of a drive to "make people not only possess strong physiques and sound mentality, but also enjoy their sports and cultural lives in a world’s advanced condition.