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The four-rivers restoration project is to ease flooding and droughts, add bike trails, restore the ecosystem and create jobs in the region of Korea as a part of green growth propelled by south Korea government.
The project, scheduled to wrap up by 2012, is literally focused on restoring, maintaining and upgrading South Korea's four major waterways.
The waterways involved are the Han River in Seoul; the Nakdong River, which runs through the Gyeongsang provinces; the Geum River, which snakes through the Chungcheong and North Jeolla regions; and the Yeongsan River in South Jeolla.
By building dams and reservoirs in the four major rivers, the government aims to secure around 1.3 billion cubic meters of water. It wants to ensure that there's enough water for drinking, cooking, operating businesses and, yes, showering, among other uses.
Numerous areas of Korea suffer through drought, and the South Korea government has enacted emergency measures to make sure there is enough water to go around. This project can help ease that problem and make sure it doesn't get worse in the future.
But the project focuses on much more than containing floods and easing droughts.
Korea government says the plan will improve water quality and help restore the ecosystem.
There is a large estimated economic impact too. The government expects that the project will create about 340,000 jobs, pumping some 40 trillion won ($31.8 billion) into the economy and helping lower the unemployment rate in Korea
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If the opportunity cost of capital for a project exceeds the projects IRR then the project has a NPV negative?
If the opportunity cost of capital for a project exceeds the Project's IRR, then the project has a(n)
Was the teapot dome a successful government project that displayed the Harding administration's policy of a laissez faire government?
No. This is a multiple-choice distractor. The Teapot Dome (1922-1923) was a scandal in the administration of President Warren G. Harding, wherein his Secretary of the Interior, Albert B. Fall, was bribed to sell oil leases on government land.
What is an economic analysis?
economic analysis is a analysis of current economic and financial status ,if iam going to make one project that will contribute on the welfare of our nation means economic analysis will help us to select and design the project for example government use eonomic analysis for detrminig the finantial status of our nation
When deciding whether to undertake a large public works project such as building a road bridge sports venue etc the government must determine not only the costs but also?
the benefits to the community
How do you write bibleography for business studies project?
biblography is a paragraph which we rite in the last of the project that what the whole project is about
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ricks fovorite restoration project is a barber chair
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