Yeouido (Yoi Island or Yeoui Island) is a large island in the Han River in Seoul, South Korea. It is Seoul's main business and investment banking district. Its 8.4 square kilometers are home to some 30,988 people. The island is located in the Yeongdeungpo-gu district of Seoul, and largely corresponds to the precinct of Yeouido-dong. The island contains the National Assembly Building, where the National Assembly of South Korea meets, Korea Financial Investment Association, the large Yoido Full Gospel Church, the 63 Building, and the headquarters of LG, KBS, and MBC, and the Korea Exchange Center.
Being a vacant spot convenient to the national capital of Joseon, Yeouido was used as a national pasture for sheep and goats, according to a 16th-century geographical record. When the Han River flooded, only a small patch of high ground remained above river level: the name of the island means "You can have it (Useless)". Yeouido remained for the most part an uninhabited sandbar prior to the construction of Seoul's first airport in April 1924. The airport served both international, domestic, and military flights, and was also the site of a flight school. At that time the island was part of Goyang. The six-lane bridge connecting it to the mainland of Yeongdeungpo was constructed in 1970 as part of Han River development project led by President Park Jung-Hee, after which time development took place rapidly. Yeouido-dong was formed as a separate entity in 1971. Yeouido is also called Korea's Wall Street and houses many broadcasting stations, including KBS and MBC.
Festival of Yeouido
Every April, Cherry Blossom Festival is held at street of Yeouido. Also, October. Sat., Seoul International Fireworks Festival is held at Hangang Park.
Isolated for centuries, Yeouido is now tightly-connected to the Seoul transportation grid. Seoul Subway Line 5 and Line 9 intersect at Yeouido Station. Line 5 also stops at Yeouinaru Station. Line 9 also stops at Saetgang Station and National Assembly Station.
There are four different coloured buses that operate in Yeoido:
- Yellow buses run a 'circle' tour of Yeoido only
- Red buses run different routes all over Yeoido only
- Green and blue buses operate to and from Yeoido on numerous routes in Seoul
Five parks are located in Yeouido. Notable among these are the Yeouido district of the Han River Public Park and Yeouido Park. Yeouido Park was formed in 1999 through the reclamation of a patch of land, known as Yeouido Square or 5/16 square, which had lain under asphalt for 27 years and was used for various large public gatherings. In addition, a terminal for excursion ferries stands on the Han River shore.
Unit of area
The "size of Yeouido" is often used in media in Korea as a unit to provide a rough idea of the size of an unfamiliar area. For example, it may be said that city A in country Y is twice the size of Yeouido.
- Figures as of March 2006. "동현황". Yeouido-dong website (Korean). Retrieved 2006-04-16.
- "동유래". Yeouido-dong website (Korean). Retrieved 2006-04-16.
- According to "동현황". Yeouido-dong website (Korean). Retrieved 2006-04-16.. However, the Naver Encyclopedia asserts that the airport opened in 1916, and that the homecoming flight of An Chang-nam, the first Korean pilot, landed here in 1922.
- "동현황". Yeouido-dong website (Korean). Retrieved 2006-04-16.
- "Yeouido". Tour2Korea.com. Retrieved 2006-04-16.
- Yeouido-dong website
- Yeouido : Seoul Official Tourism(english)
- Tour2Korea profile of the island
- Yeuoido Spring Flower Festival 2007