Seoul to Spend over US$504 Mln for Recovery of Sunken Ferry Sewol

SEJONG, April 8 (Korea Bizwire) – South Korea is projected to spend more than 550 billion won(US$504 million) for a complete recovery from last year’s tragic sinking of a passenger ferry with the hoisting of the sunken ship alone expected to cost more than 120 billion won, the government said Wednesday. The government has already [...]