Japan–Korea Undersea Tunnel at about ₩100 trillion (approx. US$90 billion), which would produce an extremely low benefit-to-cost result. In 2014, the South Korean Busan Development Institute estimated the undersea tunnel could create ₩54 trillion won (원54T, or US$53 billion) in economic benefits and provide about 45,000 jobs. In an April 2009 editorial, former Justice Ministers Daizō Nozawa of Japan and Kim Ki Chun of South Korea remarked on some of the similarities of the proposed Japan–Korea tunnel to the world's present longest undersea tunnel. The Channel Tunnel runs for 50.45 km linking the United Kingdom and France, and opened in May 1994: At
1996 Channel Tunnel fire 1996 Channel Tunnel fire The Channel Tunnel fire of 18 November 1996 occurred on a train carrying Heavy Goods Vehicles (HGVs) and their drivers through the Channel Tunnel from France to the United Kingdom (UK). The fire was seen on the train as it entered the tunnel and, in line with the policy at the time, an attempt was made to drive to the UK where the fire would be dealt with. However, after an indication of a serious problem with the train, the driver stopped at 21:58 CET, into the tunnel. The locomotive and passenger coach were rapidly enveloped