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posted by mattie_p on Sunday February 16 2014, @04:48PM   Printer-friendly
from the mass-money-sinkhole dept.

mrbluze writes:

"Projected to cost around US$37 billion, China has resurrected plans for an underwater tunnel 123km in length, Daily Mail reports that 'the tunnel will run from the port city of Dalian in northeastern Liaoning province to Yantai city in eastern Shandong, slashing travel time to 40 minutes.'

China first announced plans in 1994 to build the tunnel, at an estimated cost of $10 billion, with completion set before 2010. But 20 years on, the project remains stuck in the planning stage. The project has also been proposed at the annual session of China's parliament every year since 2009.

A world wonder, or just another pipe dream?"

 
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  • (Score: 1) by stroucki on Monday February 17 2014, @01:46AM

    by stroucki (108) on Monday February 17 2014, @01:46AM (#419)

    The 8 hour ferry already saves massive travel time, and how many people actually want to go to Yantai from Dalian?

  • (Score: 1, Interesting) by Anonymous Coward on Monday February 17 2014, @01:54AM

    by Anonymous Coward on Monday February 17 2014, @01:54AM (#426)

    It's still less money than the 2-week long party that is going on right now. At least they'll be left with something useful at the end of it...