Table 9. Cost for CWPA establishment and management of the Ganghwa tidal flat

			Discount rate (%)	Costs
CWPA establishment cost ($, one-time)			-	263,469
CWPA management cost	Undiscounted cost ($/ha/yr)		-	99
	Discounted cost	($/ha/25 yrs)	2	1,934
			4.5	1,469
			7	1,154
		($/25 yrs)	2	68,270,200
			4.5	51,855,700
			7	40,736,200
Total ($)			2	68,533,669
			4.5	52,119,169
			7	40,999,669

CWPA, coastal wetland protected areas.