Welcome to Korea International Boat Show 2010!

Gyeonggi International Boat Show,enjoys a recognition as a leading Asian boat show

International boating magazines report the show with great admiration

Many influential international boating magazines admired Gyeonggi International Boat Show.

They had an interview with Gyeonggi Governer Kim Moon Su at VIP room, Jeongok Port on June 5th. The interview focused mainly on the future of Ocean Leisure Industry n Korea. Guy Nowell of Yacht Style
Hong Kong, participating in the show for wo consecutive years, commented that he elieves Gyeonggi International Boat Show as established itself as a leading Asian boat how.

He asked the Governor, since the next step s very crucial for further advance, what his isions were. The Governor replied that he ees as that a lot of effort has been put into he show since the first year to satisfy many equirements to become an international oat show and that more weight will be put nto business perspectives from next year. e explained about Jeongok Ocean Industrial omplex and “Gold Coast Project” of
West Coast of the nation.

James Boyd of IBI England asked Governor im how the attention and support ave been given to the ocean industry on a ational level. Mr. Boyd had been working a eport on ocean industry promotion policies
around the globe. Kim replied “Gyeonggi nternational Boat Show has been a turning oint for relevant industry field since there as been almost no awareness regarding cean industry. Especially, the government fficials have been greatly influenced by he show, realizing the importance of ocean ndustry. They have started to work on to oosen regulations and to secure a 50 billion on budget for ocean leisure industry.” Gyeonggi International Boat Show and orld Boat Competition are leading the ovement”, he added.

The tension in the West Coast area between he two Koreas was also brought up as an ssue during the interview and the foreign eporters were curious about its effects on he boat show. Governor Kim commented hat domestic and foreign media have a tendency o exaggerate the situation and that, s they may have seen, no effect has been ade. “Jeongok Ocean Industrial Complex nd “Gold Coast Project” of West Coast will e face no obstacles”, he assured.



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2009.07Newsletter_English.pdf

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Korean International Boat Show 2009 - Jeongok Marina, Hwaseong City, Gyeonggi Province_6

Korean International Boat Show 2009 - Jeongok Marina, Hwaseong City, Gyeonggi Province_5

Korean International Boat Show 2009 - Jeongok Marina, Hwaseong City, Gyeonggi Province_4

Heating Up the Venue for International Business with Participants of Boat Show

With the opening of Korea International Boat Show 2009 and the Korea Match Cup World Racing Tour only about 20 days away, participating companies gathered for a special meeting, where they received tips on how to have a successful export meeting, demonstrating their high interest in the additional benefits offered by the Boat Show.

The Briefing for Participants of the Korea International Boat Show was held on May 12, 2009, and was attended by members of over 30 businesses.

This year's show, to be held at Jeongok Port, Hwaseong, from June 3 to June 7, will be participated in by 274 businesses, which represents a 14% year-on-year increase, and 50% of last year's participants have booked to attend this year's event. The total number of domestic participants now reaches 113, while 162 foreign businesses have also registered.
Foreign companies account for 59% of the participants, exceeding the number of domestic participants. Applications were closed in April, but more than 20 candidates are still on a waiting list, hoping for an opportunity to participate.

171 foreign exhibitors were attracted from 20 countries, while 143 foreign buyers and investors have registered for the event. As the campaign to attract foreign buyers will be closed on May 25, the Boat Show is expected to serve as a venue for active business trades.

Gyeonggi Province's Vice Governor of Political Affairs Yoo Yeon-Chae said, "We faced challenges due to the global economic recession, but fortunately, the number of domestic and foreign participants is actually expected to increase compared to the previous show. Last year's event featured two exhibition sites, and we added one more site for this year's event.
The marina facility will be completed on May 22. I expect that the Show, which marks its 2nd anniversary this year, will strengthen its position as an international event. The Show will also feature a wide range of additional events, such as the Open Concert and Cho Yong-Pil Concert, which will attract more visitors. We are striving to arrange these events so as not to coincide with the business events, in order to satisfying the participating businesses and the visitors."

Participants in the briefing heated up the Q&A session with some questions about the details of the exhibition site, including the material used for the outdoor exhibition spaces, the transportation fees, and the width of paths for visitors. In addition to the questions, they also made suggestions for better use of the exhibition sites, including the expansion of the parking spaces for the disabled.

The outdoor boat exhibition space of Jeongok Port is made of pavement blocks, and the exhibitors are exempt from transportation fees. An Internet network is provided through the fee-based subscription. The exhibition booths will be completed from May 18 to May 21, 2009.


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Korea International Boat Show is BIG (Sail-World.com)

2:47 AM Mon 18 May 2009 GMT

South Korea is setting itself up to become the number one leisure marine industry gateway for the Far East. The second Korea International Boat Show is to take place this year from 3rd-7th June at Jeongok Harbour, in Gyeonggi Province, near Seoul. Jeongok now has a newly-completed 120 berth marina, opening in May in time for the 2009 boat show.

Korea International Boat Show is owned by Gyeonggi Provincial Government, which supports the event to promote the growth of leisure marine activity as part of the development of tourism in their coastal regions in the province. Due to past tension with North Korea, much of the coastline is undeveloped, but recent economic co-operation between North and South Korea has resulted in the de-militarisation of the coast offering a unique blank canvas for leisure development.

In its first year, the show received over 350,000 visitors, making it instantly one of the world's most highly attended boat shows (compare this to 112,000 for this year's London Boat Show or even 238,000 for Dusseldorf, Europe's biggest boat show). This is hardly surprising, with a local population of over 22 million living within 50 miles of the boat show site hungry for new leisure activities. With a total exhibition area of 170,000sqm (three quarters the size of Dusseldorf), in air conditioned halls, outside display areas and a temporary marina, 240 companies exhibited from over 30 countries in 2008.

The Korea International Boat Show (KIBS) in 2008 proved highly successful for exhibitors. 'Fairline exhibited at KIBS2008 and were hugely impressed,' says Bryan Jones, President Fairline Boats Asia. 'This show is one of the very best in the region. We achieved our goals and appointed a high quality dealer. We will be back in 2009.'

Mary Anne Edwards, Chief Executive of Australian International Marine Export Group provides another perspective: 'The Australian Marine Export Group were impressed by the organization and efforts put into the 2008 boat show, the support given to exhibitors in terms of free accommodation, transfers and freight made it a cost effective show for the companies that exhibited. The plan to host a conference alongside the show in 2009 would certainly provide extra value to exhibitors.'

The Far East's marine industry hub

Korea is a natural hub for marine companies to market themselves in the Far East, as it is just a short flight from Japan, Hong Kong, Singapore, Vietnam, Malaysia, Thailand and China.

A significant attraction for those thinking of exhibiting at Korea International Boat Show 2009 is that many of the emerging markets in the region have been less affected by the global economic downturn, with forecasts for neighbouring China, for example, still anticipating 6% growth for 2009. Korea itself is expected to be one of the first countries to recover from the crisis thanks to strong foreign currency reserves and its major industries being well positioned to realign to market changes.

While Korea is a leading manufacturing nation (number one in the world for example in shipbuilding, flat screen televisions and semi-conductors), she and her neighbours represent almost virgin territory for the international marine industry. While boating activity has been developing strongly for the past four years, the number of leisure craft over 5m LOA in the region, excluding the Gulf States and Japan, is still only just below 30,000. However demand is steadily growing.

With a population of 48 million and an average wage of US$25,000 South Korea has a growing middle class with increasing amounts of disposable income. Recently government legislation has created a shorter five day working week, so Koreans now find themselves with increased leisure time at the same time as the opening up of the coastline.

Private leisure boaters are now not only permitted to go to sea, but have thousands of miles of beautiful, untouched coastline available to them. For the regional governments that own this coastline, this represents a vast potential for tourism and recreational developments, including leisure boating. Already there are projects in place to build a series of marinas around the Korean coastline. Both Central and Provincial governments in Korea place huge importance on sustainable growth and such infrastructure developments are high on their agenda.

Show attractions

To help engender interest in Korea International Boat Show, the organisers have gone out of their way to entice visitors not only from Korea, but from across the Far East. Alongside the boat show is a marine festival featuring lifestyle events, concerts and attractions geared to promoting the leisure boating life style.

To inject a sporting flavour while also giving the show added news impetus, it runs in conjunction with a round of the World Match Racing Tour, held directly off the show marina. In this top international event, stars of yacht racing compete for the largest prize purse on offer in the 11 event series. All these features aim to introduce Korea's large middle class to the pleasures of leisure boating, from canoes to large yachts.

Conference

An important new feature for the Korea International Boat Show this year will be a high level, two day marine industry conference to be held over 4-5 June. This will focus on the needs and interests of the industry in the Far East. International speakers will be presenting on subjects to include the latest manufacturing techniques, design trends, efficient manufacture, research and development, marketing and advertising, inventory control, infrastructure development and outsourcing. Many will remember the successful Boat Tech Asia conference held in China in 2004. The KIBS conference organisers intend that their event will be better and more informative. Delegates are expected to attend from Australia, New Zealand, China, Japan, Hong Kong, Singapore, Vietnam, Malaysia, Thailand and the Gulf.

A key part of the conference program will be a separate business-to-business area of the show, not open to the general public. This will create a unique opportunity for those companies with products and services relating to infrastructure and industry development or companies looking for new outlets in the region to show case to professional industry buyers.

Not only will the conference provide an added an incentive for overseas exhibitors with the prospect of a high quality regional audience, it will also substantially widen the reach of the show across the Far East.

Incentives

With the organisers offering attractive incentives for overseas companies and conference delegates to attend, Korea International Boat Show offers a unique gateway into the world's leading emerging market – an opportunity that should not be missed in times where new market opportunities could represent a lifeline for survival for many marine companies.

More info: www.koreaboatshow.org

by KIBS Media
http://www.powerboat-world.com/Korea-International-Boat-Show-is-BIG/56884/arc

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Korea International Boat Show 2009 Attracts Global Attention through the Participation of World-Leading Brands

On April 14, Gyeonggi Province announced that the Korea International Boat Show 2009 is successfully gaining global attention despite the current economic challenges

The No. 1 and the No. 2 French companies in the boat and yacht industry, Beneteau and Jeanneau, recently expressed their intention to participate in the Show. Both companies are affiliates of the Beneteau Group, which has a 100-year history in the industry.

Beneteau is the largest leisure boat manufacturer in France and Europe, with revenues of EUR 387 million (KRW 680 billion) in 2007.

Princess Yachts, the UK premium boat manufacturer, is also participating in this Show. Princess Yacht is renowned for large-scale premium boats, and the film ¡?007¡? and the Korean drama ¡?Fantastic Couple¡? both featured its boats.

One of the domestic participants in the Show will be Woosung I.B. The company participated in the International Boat Show in 2008, where it gained global recognition for its inflatable boats. It has now secured more than one third of the US boat market. Leisure boats and lifeboats made by Zebec have sailed in the rivers and seas of 60 countries in the Americas, Europe, and Southeast Asia.

The products of these companies and a wide range of other domestic and foreign companies will be showcased at World International Boat Show 2009 Korea and Korea Match Cup World Match Racing Tour.

World International Boat Show 2009 Korea and Korea Match Cup World Match Racing Tour, which will be held at Jeongok Port of Hwaseong City and Tando Port of Ansan City this June 3 to June 7, will feature exhibitions of boats, yachts, and related parts, a ground-breaking ceremony for a new maritime industrial complex, investor meetings to attract domestic and foreign businesses, and an international conference representing Asia, in order to facilitate international trade in the marine leisure sector.

http://www.koreaboatshow.org/eng/index.jsp


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