The Chollima Statue is a prominent monument located in Pyongyang, the capital of North Korea. It depicts a mythical winged horse, known as Chollima, which symbolizes speed and progress. The statue stands at 46 feet tall and is made of bronze, representing the spirit of the North Korean people in their pursuit of rapid development. Unveiled in 1961, the Chollima Statue serves as a reminder of the Chollima Movement, an initiative aimed at boosting economic growth and industrial output in the country. The statue is situated in Kim Il-sung Square, a central location for various national celebrations and events, making it a significant cultural landmark in North Korea.