Economy
KOSPI 200 companies based in Yongsan include Amore Pacific, Orion Confectionery, Cheil Worldwide and Hyundai Development Company. Yongsan International Business District, a project propelled by Seoul Metropolitan Government to enhance its international competitiveness, is one of the world’s largest composite complexes whose total floor area is 5.6 times that of Roppongi Hills in Japan and more than two times that of Canary Wharf in the United Kingdom. It's expected to be opened by 2016.
Read more about this topic: Yongsan District
Famous quotes containing the word economy:
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)