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Invest Seoul Hosts Successful Roadshow in Singapore, Facilitating Global Business Expansion into Seoul
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Invest Seoul operated ran a highly successful roadshow, “Seoul Forward-Your Next Business Destination,” in Singapore, marking a significant milestone in the initiative aimed at attracting global companies to establish their presence in the vibrant city of Seoul.
Collaborating with the city of Seoul and key hub cities in Asia such as Hong Kong and Singapore, the event held on November 14, 2023, garnered substantial interest and participation from both companies and individuals alike
A total of 88 companies demonstrated keen interest in entering the Seoul market, with 130 individuals, including representatives from Enterprise Singapore, actively engaging in the event.
The highlight of the roadshow was the signing of memoranda of understanding (MOUs) between three prominent companies—SkyArk Chronicles Holdings Pte Ltd, Mioying Financial Technology (HK) Ltd, and Virtual TKD PTE LTD (VTKD)—and Invest Seoul and Singapore. These agreements aim to facilitate the seamless entry of these companies into the Seoul market by fostering mutual information sharing and cooperation.
A total of 88 companies demonstrated keen interest in entering the Seoul market, with 130 individuals, including representatives from Enterprise Singapore, actively engaging in the event.
The highlight of the roadshow was the signing of memoranda of understanding (MOUs) between three prominent companies—SkyArk Chronicles Holdings Pte Ltd, Mioying Financial Technology (HK) Ltd, and Virtual TKD PTE LTD (VTKD)—and Invest Seoul and Singapore. These agreements aim to facilitate the seamless entry of these companies into the Seoul market by fostering mutual information sharing and cooperation.
A highlight of the event was the provision of specialized 1:1 expert consultations in legal, accounting, and foreign exchange, catering to the specific needs of companies interested in entering the Seoul market. A total of 21 companies availed themselves of 24 sessions of these consultations, further enhancing their understanding and preparedness for market entry.
Building upon the success of the Singapore roadshow, Invest Seoul is poised to offer online consultations to address additional consulting demands and support foreign direct investment for companies that have signed MOUs. The agency aims to encourage market entry applications and Seoul expansion for companies that have submitted Letters of Intent (LOIs), focusing on proactive promotion and aggressive attraction activities to facilitate the entry of global companies from key Asian cities into Seoul.