'Global Big Players' Are Coming... Seoul City Attracts Overseas Capital Through Investment Forum

'Seoul Investor Forum' Held... Oh Se-hoon Promotes Seoul as an 'Investment-Friendly City'
About 70 Overseas Investors from the US, Japan, and Singapore, and Over 100 Seoul Innovative Companies Expected to Participate

Major overseas investors such as Nora Family Office managing assets exceeding 4 trillion won, Singapore investment firm Pavilion Capital, and TBS Innovation Partners under Japan's private broadcaster TBS are visiting Seoul.

The Seoul Metropolitan Government announced that from the 30th, it will hold the '2024 Seoul Investor Forum (SIF)' over two days at the Conrad Hotel in Yeouido, connecting global investors with Seoul's innovative companies to support the attraction of foreign capital. 'Invest Seoul,' Seoul's dedicated investment attraction organization, has been hosting the Seoul Investor Forum annually since 2022.

Under the slogan "Innovate locally, Impact globally!", this year's event will host over 70 major overseas investors, around 90 domestic investors, approximately 120 representatives from Seoul companies focused on innovative technology industries such as AI, lifestyle, IT, bio, and content, as well as about 50 related organizations.

Seoul plans to engage in aggressive sales efforts, including introducing specialized experience programs for global investors, to ensure that the high expectations of major global investors for Seoul as an "investment-friendly city" translate into actual investments.

To maximize investment attraction from global investors into Seoul's innovative companies, customized matching for each investor will be strengthened compared to previous years. Various investors, including fund managers, companies, overseas funding institutions, and family offices, will participate to actively support smooth capital flow in the venture industry.

The event will consist of various programs such as ▲ Limited Partners (LP) - General Partners (GP) - Seoul Company Investment Briefings ▲ AI Startup Showcase hosted by Seoul AI Hub ▲ Seoul Commerce Industry Seminar ▲ Seoul Company Global Growth Workshop ▲ Seoul Lifestyle Company Tour.

On the first day of the event, the 30th, Mayor Oh Se-hoon will visit the opening ceremony site to tour major company booths including lifestyle sectors and act as a salesman promoting the appeal of Seoul's innovative companies. In his opening remarks, Mayor Oh will introduce Seoul's innovative startups' high growth potential and the Yongsan International Business District, which is being developed with the goal of transforming Seoul into the "Silicon Valley of Asia," promoting Seoul as an "investment-friendly city." The opening ceremony will be attended by key domestic venture investment figures such as Oh Young-joo, Minister of SMEs and Startups, and Yoon Geon-su, Chairman of the Korea Venture Capital Association. Mathieu Barre, Head of Ventures at EURAZEO, Europe's largest venture capital firm, will deliver the keynote speech sharing insights on global growth strategies through cross-border investment expansion.

Lee Hae-woo, Director of the Seoul Metropolitan Government's Economic Office, said, "This year's 'Seoul Investor Forum' focuses on providing practical support so that global investors can directly experience the excellent innovative technologies of Seoul companies and the attractiveness of the venture ecosystem." He added, "Even amid the harsh conditions of the global investment market, Seoul is strengthening investments in urban infrastructure, and we will do our best to imprint on overseas investors why Seoul is an investment-friendly city and to ensure this leads to revitalization of Seoul's economy."

This content was produced with the assistance of AI translation services.