A new event, the Hong Kong International Cruise & Yachting Festival (ICYF), is scheduled to be held at various  locations in the territory’s Victoria Harbour from November 22-25, 2018.

The locations include, at present, the Hong Kong Maritime Museum, the China Merchants Wharf and the Kai Tak Cruise terminal.

The event is being organised by the Hong Kong Cruising & Yachting Industry Association (HKCYIA), a body linked to the China Cruising & Yachting Industry Association (CCYIA) with the support of the China Merchants Group.

The four-day festival aims to bring together leading brands from both sectors and include activity programmes like exhibitions, forums and conferences that feature Cruising and Yachting, Maritime Lifestyle, Marine and Leisure Tourism, and Education and Employment.

The event will promote public understanding of Hong Kong’s waters and the sustainable development of the industry in southern China. It will also be in line with the development of the Greater Bay Area initiative that integrates Hong Kong, Macau, and nine Guangdong cities, including Zhuhai and Shenzhen, for an upgraded economy.

The CCYIA is a non-profit organisation to promote long-term development of Hong Kong’s cruise and yacht industry, while the China Merchants Group operates 53 ports in 20 countries and districts.

Kara Yeung, HKCYIA executive director, said: “With its unique venues on both sides of the harbour, the festival will become a propeller for Hong Kong’s future developments as the economy will be further entwined with the maritime industry.

“With the emergence of opportunities that will be available under the Belt and Road Initiative as well as the rapid development of global cruise and yacht industry, the ICYF is expected to help promote Hong Kong’s economy in another perspective, covering leisure tourism, shipping and logistics, retail and shopping, finance and insurance.”

The additional venues will provide the much-needed space to enable participants to showcase their products and services along the harbourfront.