Wednesday, May 6, 2009

Article - Seoul spends on bicycles

JoongAng Daily, May 4
Author: Kwon Hyuk-joo

The Ministry of Knowledge Economy said yesterday that it will be establishing a high-tech bicycle research and development network in Daedeok, South Chungcheong. President Lee Myung-bak, participating in Korea’s first bicycle festival in Changwon, was confident that Korea would become one of the world’s bicycle leaders in the next five years.

[Some countries believe cycling can be a business opportunity. -MH]

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