[Korea.net News, Society, November 27 2007] Yeosu's hosting of 2012 World Expo to bring about huge economic benefit

Korea has won a bid to host an international exposition in Yeosu in 2012 after two-years of lobbying, which is likely to create more than 10 trillion won ($11 billion) in economic benefits, analysts said Tuesday (Nov. 27).

The country’s southern coastal city of Yeosu was chosen on Monday as the venue of 2012 World Exposition in the voting at the 142nd General Assembly of the Paris-based Bureau of International Expositions (BIE), which selects the host city for the internationally recognized event.