the Gyeongbu Expressway, with the expectation that high quality homes would be built there. The government assigned the heavy responsibility of carrying out its construction plans to the Korea Land Corporation, a government-owned construction company that had carried out other large scale construction projects in the country. Throughout the development process there were mass demonstrations of local residents protesting the construction, petitions, and demands for countermeasures against the redevelopment project. Despite these numerous difficulties, through dialogue and compromise residents, construction was completed with little incident. Construction began on August 30, 1989, and was completed on December 31, 1996, at a cost of 4.16 trillion won. Education Bundang has 37 elementary schools, 25 middle schools and 24 high schools, also 1 university, and 1 graduate school. Bundang is also the site of Korea International School, located in Baekhyun-dong with an American curriculum for the expatriate and English-proficient Korean community. On the outskirts of Bundang there is an IB World School with a boarding program for foreign students called Gyeonggi Suwon International School (GSIS). Given its relative affluence, many private language academies are located in Bundang. Economy As previously mentioned, Bundang has the reputation of being one of the richest parts of Gyeonggi Province. Bundang is home to Gyeonggi Province's only international banks, Citibank and HSBC. Their presence serves to further solidify Bundang's reputation as an upscale area. A total of 174 companies in Bundang employ 29,783 people. This also includes several notable corporations, including the corporate headquarters of Korea Telecom, better known as KT and leading Korean internet portal Naver as well as SK C&C, a top IT services company. In addition, the state-owned Korea Land Corporation and Korea Gas Corporation both had their headquarters in Bundang. Since then, Kogas has moved to Daegu, and Korea Land Corporation has moved to Jinju innovation city as part of the South Korean government decentralization drive, along with giant Kepco's move to Naju, south of Gwangju Metro. Nowcom has its headquarters in Bundang, as well as Plantynet Co., Ltd. and subsidiary A&G Modes. Culture and tourism There are some ancient relics, sights or buildings of note. There are, however, two pleasant parks which have been established for residents' pleasure. Bundang Central Park, east of the road between Seohyeon and Sunae stations, has a lake, fountain, and several old houses, while Yuldong Park, to the east, has a larger reservoir and a bungee jumping platform,