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
Channel Tunnel Rail Link (Supplementary Provisions) Act 2008 Channel Tunnel Rail Link (Supplementary Provisions) Act 2008 The Channel Tunnel Rail Link (Supplementary Provisions) Act 2008 (c. 5) is an Act of the Parliament of the United Kingdom which amends the Channel Tunnel Rail Link Act 1996. Its principal provision is to allow the Office of Rail Regulation to charge the operator of the Channel Tunnel Rail Link "a fee in respect of the exercise of any of the Office of Rail Regulation's functions in relation to the rail link". The legislation was introduced to the House of Commons as the Channel Tunnel Rail Link (Supplementary Provisions) Bill by