The organisers of the 2018 Korea International Boat Show (KIBS) have announced that this year’s event will be bigger than ever.
The show, which runs from May 24-27 at the KINTEX exhibition centre and ARA Waterway in Seoul, will be expanded by 30% with seven different events taking place under one roof – Yacht & Boat World, Paddler’s World, the Sports Fishing Show, Watersports Show, Korea Dive Expo, Marine Equipment Safety & Marina World, and the Outdoor and Caravan Show.
Key players from the International Council of Marine Industry Associations (ICOMIA), British Marine and the National Marine Manufacturers Association (NMMA) in the US will be attending. Together they will share some of the industry’s global trends and exchange business ideas by holding seminars on the first day of the show.
The KIBS team has organised Korean pavilions in other international boats shows including the METSTRADE Show in Amsterdam and the International Boatbuilders’ Exhibition & Conference (IBEX) in the US. Korean companies will now be participating in their own national pavilion at the 2018 Taiwan International Boat Show (TIBS) in March.
The Korean leisure marine market has boomed in recent years, thanks in part to government investment that has improved the R&D capabilities of many companies as well as the development of marina facilities and the introduction of a technician training program.
Last year’s Korea International Boat Show attracted 45,231 visitors – an 11% increase on the 2016 figures and an indicator that public interest in leisure boating is growing. Korea is mostly surrounded by water and boasts 12,607km of coast, and the number of registered leisure boats in the country has grown by 22.7% over the last five years, a rate not seen in other countries.
With support from Korea’s central and provincial governments, and a rise in leisure marine manufacturing, KIBS 2018 is sure to impress.