It is sure a good thing that foreign CEOs of financial institutions, who are managing their work in Korea, are taking on a difficult endeavor to attract foreign investment for Korea's advancement. Together with KOTRA and Seoul City members, foreign management leaders not only attended 'Presentation on Attracting Investment on Financial Business' which was held on February 19 in LA but also made a speech at the briefing session. They will also be present at another meeting in New York that will run on February 23. They actively spoke about their success stories on doing business in Korea.
It was more than a coincidence that two major organizations for attracting investment, KOTRA and Seoul City, shared common interest to make an effort for drawing investment in the finance sector. In more detail, Seoul City and Busan needed to attract foreign investment ever since they were elected last year as the financial hub by the government; on the other hand, KOTRA was short of budget on attracting business that coerced the two structures to hold hands as expected.
"Stories from business leaders of foreign companies who have invested in Korea and made a huge success will move the would-be investors to also make an investment in the Korean financial center" said Jung Dong-soo, director of IK from KOTRA.
Foreign industry leaders who spoke their success stories in behalf of Korea are president John Walker of Macquarie, president Richard Hill of SC First Bank, vice president Bernard van Bunnik of GE Capital, and president William Freeman of AIG.
