Overseas investment attraction event in New York with Seoul City, Financial Supervisory Service, and financial companies
Setting the goal to attract global financial institutions to Seoul
Discussion with World Bank Vice President and International Development Cooperation Agency, ‘[Edaily Reporter Ham Ji-hyun] Seoul City announced on the 19th that it held an investment attraction event in New York to promote the Korean financial industry and financial hub with the Financial Supervisory Service, Busan International Financial Hub, Korea Exchange, Korea Investment Corporation, and the financial sector.’,
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, ‘The New York Investment Attraction Event (IR) is a large-scale overseas investment attraction event hosted by the Financial Supervisory Service, with participation from local government bodies and major financial companies. It was held to raise the external status of the Korean financial industry and strengthen international competitiveness as a financial hub.’,
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, ‘Deputy Mayor Kang Cheol-won, representing Seoul City, introduced ‘Global Innovation Economic Hub, Seoul’ at the New York investment attraction event. The event attracted about 300 participants, including global asset management companies such as Carlyle Group and Morgan Stanley, foreign investors, and officials from the Consulate General of New York.’,
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, ‘The city promoted Seoul’s foreign investment agency ‘Invest Seoul’ and its investment environment through meetings with global asset management companies at the event. It also introduced services supporting overseas financial institutions, such as Seoul International Financial Office, and engaged in activities to attract foreign financial institutions.’,
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, ‘Invest Seoul, launched in 2022, is a dedicated agency for attracting investment to Seoul, providing one-stop support for the entire process of investment attraction through experts in areas such as tax, law, and labor.’,
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, ‘Seoul International Financial Office provides office space to support the entry of overseas financial institutions into the financial hub of Yeouido in Seoul. It offers various opportunities for collaboration and growth, such as networking events among financial institutions in Yeouido, and guidance on domestic financial and living environments for foreign employees.’,
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, ‘Prior to the investment attraction event promoting Seoul as a financial hub, the city discussed cooperation measures with World Bank Vice President Juergen Voegele in Washington D.C. on the 14th for international development cooperation projects to share Seoul’s policy know-how with developing countries.’,
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, ‘As the first local government in Korea to conduct a public support project ‘Seoul ODA Challenge’ for development countries, Seoul City is expanding its international development cooperation projects to meet the increasing demand for cooperation from developing countries and fulfill its responsibility as a global advanced city.’,
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, ‘The ‘Seoul ODA Challenge’ project aims to help cities in developing countries solve urban problems similar to those experienced in Seoul, based on Seoul’s urban development and city management policy experience.’,
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, Deputy Mayor Kang said, “Seoul City is exploring cooperation measures to raise the external status of the Korean financial industry, enhance its strengths as a financial hub, and fulfill its responsibilities and roles as a global leading city” and “I will lay the groundwork to leap as one of the top 5 financial hubs in the world and build the foundation to grow together with cities in developing countries by fulfilling the responsibility and roles as a global advanced city.”‘
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