Seoul Mayor Oh Se-hoon speaks during Korea Times Forum hosted by The Korea Times at Korea Chamber of Commerce and Industry in Seoul, Tuesday. Korea Times photo by Shim Hyun-chul

By Ko Dong-hwan

Seoul Mayor Oh Se-hoon has once again clarified his vision that the city will be a haven for companies and a nurturer of the workforce they need.

Participating in Korea Times Forum hosted by The Korea Times on Tuesday, Oh told dignitaries of the event he will woo foreign companies through Invest Seoul, a Seoul Metropolitan Government division established in February this year to attract foreign firms and capital. By expanding the city's business infrastructure, such as opening a "second fintech lab" and "digital financial support center," Seoul will become a global paragon of digital finance, according to the mayor.

"More than anything, financial competitiveness should be a prerogative (for any city) to jointly develop high-end scientific technologies and economy," he said at Korea Chamber of Commerce and Industry in Seoul.