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This district of 557,000 people contains 2.5% of Seoul's people but produces 25% of its gross domestic product. High-rise apartments make up 80% of its residential areas, and the district is home to the corporate headquarters of such Korean firms as POSCO and Korea Telecom, as well as the IT venture companies on Teheran Road, South Korea's Silicon Valley. So it is perhaps no surprise that, if you
wish to see how completely broadband and information technology can
transform local government, Gangnam-gu (as it is called in Korean) is
the place to go.