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Huge Yellow Sea Tunnel Project Could Create $240 Billion in Benefits

Oct. 9 (EIRNS)—An enormous tunnel, over 125 miles long, could  be built under the Yellow Sea between the west coast of Korea and the Shangdong  region of China, bringing huge benefits to the countries in the region. A study by the Gyeonggi Research Institute (GRI), under the sponsorship of China's Shandong Academy of Social Sciences, identifies potential benefits of about $240 billion. 

The primary benefit would come from linking express railways in  the two countries. The tunnel would shorten travel from Seoul to Shanghai to 5  hours and 31 minutes, and to Beijing to 4 hours and 26 minutes, he said. This could result in creating a huge economic sphere, linking about 24 million people  in the Seoul area with some 272.1 million in the Beijing and Shanghai regions. 

GRI vice president Cho Eung-rae said that if the tunnel is  built, it will produce economic benefits worth $99 billion for Korea, $134  billion for China, and $7 billion for Japan. 

Xu Yunfei, a senior engineer with the Shandong Research Institute of Communications and a participant in the study, said, "If a  Korea-China tunnel turns out to be a success, the construction of a Korea-Japan  tunnel could also be pushed. If these tunnels link overland railways in Central Asia afterwards, it could create a modern version of the Silk Road." 

The benefits of a China-Korea tunnel were calculated without  including the vast synergetic effects of extending the link east to Japan and  west to Europe. Were such a route to utilize maglev technology rather than  standard high-speed rail, the benefits to the region would be multiplied many  times over.

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