이벤트

So, just exactly how much did this modern structure cost the government? Although exact figures are unknown, analysts believe the much-delayed project cost the government 2.9 trillion won. The rumor is that the government will be spending another 21 trillion from the state budget and private sector investments.

We have done it. 40 years ago, when the idea was first proposed, no one dared to even attempt it. Besides the heavy price tag for the dike, it demanded us to battle nature. Sea tides exceeding seven meters in height and traveling at a speed of more than 7 meters per second were factors to consider before sending a construction team to the sea. Just those two factors alone are strong enough to make sea rocks dance.

Chapter two for the fate of Samamgeum has now started. The efforts of many have given birth to a project that no one dared to begin. Now there is a new challenge; development. If it was the 60s the new land would have been used for rice production. It was a time when people were poor and hungry.

Since the early 70s, Korea’s rice production outstripped the demand. President Lee told the media that the current administration wishes to develop the land for industrial related facilities, renewable energy-related businesses, scientific research centers, and hotels.

Another ten years await Korea’s relentless, enduring spirit. Congratulations and good luck to all.