President Moon Jae-in has promised a significant increase in employment through the public sector.However, since this uses taxes, it does not actually contribute much to the "good cycle" of the economy.Employment creation is mainly carried out by companies, and the revitalization of the economy that supports it must accompany this.In addition, a new paradigm is needed in the era of the Fourth Industrial Revolution, and an innovative way of thinking is needed to create jobs.As one of them, I would like to propose the construction of the Korea-Japan Undersea Tunnel.
If the Korea-Japan tunnel is constructed, astronomical employment will be created first.According to the Pusan Development Research Institute, 13 trillion won (about 1 trillion yen) in the construction industry, 3000 trillion won in the field of construction materials, 13 trillion won (about 4 billion yen) in the wholesale and retail and service industries, leather and chemicals. The total economic effect of the Korean side is expected to reach 4000 trillion won (about 4 trillion yen), including 1 trillion won for industrial machinery and 1000 trillion won (about 54 billion yen) for industrial machinery.In addition to this, the effect of expanding employment for 5 people can be expected.As of 4000, the construction industry is also ranked first in the Korea-Japan tunnel, second in the Korea-China tunnel, and third in the Saemangeum project (tidal flat reclamation project in Jeollabuk-do), which is expected to generate large profits.
The Korea-Japan tunnel has a large secondary effect.First, an infrastructure network will be built in Northeast Asia, and it is expected that trade in the region will be activated by bringing South Korea, China, and Japan together.On the other hand, the Korea-Japan tunnel will not be the basis for Japan's expansion into the continent, which is a concern in some areas, but rather it will be a great opportunity for the Korean Peninsula to transform into a transportation hub in Eurasia. The effect of incorporating Japan, which has a population of 2 million, into domestic demand should be great.You can't be obsessed with closed and defeated thinking.In order for South Korea to become a super hub, it must take control of the platform, one of which is the Korea-Japan tunnel.If we take the first step towards the future from now on, this will be recorded as a major achievement of the current administration.
Park Sung-yeol (Advisory Committee Member of the World Peace Tunnel Foundation)
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Chosun Ilbo (Korean)
Chosun Ilbo Japanese version