InfoAnda - South Korea builds city from sea at wetland's expense

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My Profile Holiday Gift Guide Gift ideas & reviews for this holiday season Start Browsing You are here: Home > News > International > Article Home Business & Finance News U.S. Politics International Technology Entertainment Sports Lifestyle Oddly Enough Environment Health Science Special Coverage Video Pictures You Witness The Great Debate Blogs Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters You Witness News Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters South Korea builds city from sea at wetland's expense Sun Nov 23, 2008 8:25pm EST Email | Print | Share | Reprints | Single Page [-] Text [+] By Jon Herskovitz BUAN, South Korea (Reuters) - South Korea is betting a multi-billion dollar land reclamation project about seven times the size of Manhattan will lift the economy but environmentalists say it could be one of the country's biggest ecological blunders. The Saemangeum land reclamation project uses a 33-km (20.5 mile) sea dyke to reclaim an area of 400 square kms (155 sq miles), turning coastal tidelands that are key feeding areas for globally threatened birds into land for factories, golf courses and water treatment plants. "This project is not about protecting the environment. It is about economic development. And we will do that in an environmentally sound way," said Park Hyoungbae, an official with the Saemangeum development authority. The authority said the project, built at a cost of nearly $3 billion, will bring industry to North Jeolla, a province that has traditionally been the agricultural breadbasket of the country but lacks modern industry. Developers will start construction of an industrial zone next year, offering sweeteners like free land leases for 100 years for selected industries and a free economic zone that offers tax breaks to attract foreign investors, who can stay in a village planned just for them. They will replace natural wetlands with artificial ones and turn riverbeds into man-made lakes. They will build a park along the road on the sea dyke and try to attract tourists with a theme park, convention center and even perhaps a casino. "Saemangeum will turn Korea into a much happier place," said an announcer on a promotional video for potential investors. The province, which runs from the middle of South Korea to the west coast, is dotted with small farms that grow grain and raise pigs, boasts a mid-sized port that serves China across the Yellow Sea and is home the historic city of Jeonju, once the capital an ancient Korean kingdom. Saemangeum has drawn the attention of developers in other parts of Asia, which conservationists said could lead them to try to duplicate the engineering feat in South Korea for their own massive land reclamation projects. BUREAUCRATIC INERTIA South Korea originally launched the project for the estuary, about 200 kms south of Seoul, decades ago when its economy was struggling, food was short and reclamation seemed like a good way to increase farm land in the mountainous and cramped country . After years of legal wrangling and changes in how to use the land, construction started on the project in 1999 with hundreds of thousands of boulders the size of compact cars dumped into the Yellow Sea estuary to form the dyke that was completed in 2006. Area farmers have questioned the need for the project, saying there is no one left to work the land due to a population drop while major domestic industry has often stayed away due to a lack of infrastructure. Critics said the project stayed alive due to bureaucratic inertia and because it created construction jobs in the area that has provided the strongest political support for left-leaning presidents who ruled from 1998 to 2008. The current conservative president, Lee Myung-bak, who used to run Hyundai's construction arm, has also thrown his support to the project, saying it will help regional development and stimulate his country's export-driven economy that is on the ropes due to the global slowdown. Continued... View article on single page Share: Del.icio.us Digg Mixx My Web Facebook LinkedIn Also on Reuters Vatican forgives John Lennon for Jesus quip Video Astronauts finish longest spacewalk Slideshow Graffiti artists target Israeli West Bank barrier wall Editor's Choice Pictures Video Articles Slideshow A selection of our best photos from the past 24 hours. 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