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
Transport in France The railway system is a small portion of total travel, accounting for less than 10% of passenger travel. From 1981 onwards, a newly constructed set of high-speed "Lignes à Grande Vitesse" (LGV) lines linked France's most populous areas with the capital, starting with Paris-Lyon. In 1994, the Channel Tunnel opened, connecting France and Great Britain by rail under the English Channel. The TGV has set many world speed records, the most recent on 3 April 2007, when a new version of the TGV dubbed the V150 with larger wheels than the usual TGV, and a stronger engine, broke the world