Korea World Trade Center Complex, which comprises COEX mall, congress center, 3 Inter-continental hotels, Business tower (Asem tower), Residence hotel, Casino and City airport terminal was established in 1988 in time for the Seoul Olympics. The 2nd World trade trade center is being planned at Seoul Olympic stadium complex as MICE HUB by Seoul city. Ex-Kepco head office building was purchased by Hyundai motor group with 9billion USD to build 115-storey Hyundai GBC & hotel complex until 2021. Now ex-kepco 25-storey building is under demolition.