Four Major Rivers Project

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The Four Major Rivers Restoration Project is the multi-purpose green growth project on the Han River, Nakdong River, Geum River and Yeongsan River in South Korea. The project was spearheaded by former South Korean president Lee Myung-bak and was declared complete on October 21, 2011. It was first announced as part of the "Green New Deal" policy launched in January 2009, and was later included in the government's five-year national plan in July 2009. The government estimated its full investment and funding totaled 22.2 trillion won (approximately US$17.3 billion). The overall project was broken into three project sets: revitalizing the four rivers, projects on their 14 tributaries and refurbishment for other smaller-sized streams. The project had five key objectives as well: securing abundant water resources to combat water scarcity; implementing comprehensive flood control measures; improving water quality and restoring river ecosystems, creating multipurpose spaces for local residents; and regional development centered on the rivers. More than 929 kilometres (577 mi) of streams in Korea will be restored as part of the project, with a follow-up operation planned to restore more than 10,000 kilometres (6,200 mi) of local streams. More than 35 riparian wetlands will also be reconstructed. The project was declared complete by President Lee on October 21, 2011. The project was a major recurring story in the media and with the public. It often drew ire and protests over the toll that construction projects could take on the environment, as well as being seen as an extension of Lee's persona as former CEO of Hyundai Engineering & Construction Co. Ltd, nicknamed "The Bulldozer," with his push for swift approval of the project in the National Assembly.