Some 1,000 Korean businesspeople from around the world will hold a meeting on the southern resort island of Jeju later this month to expand business opportunities and discuss ways to contribute to the development of South Korea’s economy, the event's organizer said Wednesday.

About 2,000 local businesspeople will also join the 15th World Korean Business Convention under the theme "New Changes & Possibility, Hansang Network" set for Sept. 27-29, the Overseas Koreans Foundation said. Hansang refers to Korean businesspeople. 

The annual meeting will feature lectures, seminars, one-on-one business meetings, investor relations sessions and exhibitions, the foundation said.

Chung Yong-jin, vice chairman of retail giant Shingsegae Group, and Kwon Young-soo, vice chairman of mobile carrier LG Uplus Corp. will give special lectures on their global successes.

"We've prepared programs enabling local and overseas Korean professionals to create new business chances by making use of the Hansang network," the foundation's head Ju Chul-ki said.

The event will also be a venue for overseas Korean business leaders to contribute to developing South Korea’s economy by expanding investment and exports, as well as creating jobs for young people, he added. (Yonhap)