[Busan Yonhap News] Kim Jong-in, chairman of the emergency response committee of South Korea's largest opposition party, the People Power Party, said at a committee meeting on the 1st that he actively supports the construction of a new airport on Gadeok Island off the coast of Busan in the southeast, and revealed that he would also consider building an undersea tunnel connecting Gadeok Island with Kyushu.
"The construction of the new Gadeokdo airport will bring about enormous employment and economic benefits," Kim said, emphasizing that "we will develop it into a smart airport with global competitiveness." He also indicated his intention to provide legal and institutional support to create an environment in which domestic technology and private capital can be invested.
Regarding the Korea-Japan undersea tunnel project, he explained that it will impose a much smaller financial burden than Japan, and is expected to have a significant economic impact, with an additional production effect of 54.5 trillion won (approximately 5.1 trillion yen) and employment creation effect of 450,000 people.
2021/2/1
Yonhap News
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