It is difficult to guess when the situation in North Korea will become conducive to foreign investment and development. When it does, however, the country will need to find a path for economic development. The authors describe such a blueprint using foreign investment as an organizational framework, basing their roadmap of recommended reforms on an assessment of North Korea‘s current socioeconomic conditions; identification of priority sectors based on need and where the country might have a comparative advantage; lessons from the development trajectories of Vietnam, China, South Korea, Poland, Russia, and India; and existing investment frameworks adapted to North Korea.