The Busan Development Institute of Korea has recently revealed a result that the first Offshore Korea 2012 (OK 2012) has KRW 52bn ($46m) worth of economic impacts.
The exhibition showed a remarkable outcome with a participation of 777 booths of 400 companies from 27 countries and 16,956 visitors. Moreover, 931 people registered in charged conferences and $15.38m worth of consultations went on.
The OK 2012 held from November 14 to 16, 2012, for three days at BEXCO’s new building was marked as the Korea’s first exhibition specializing in offshore plants and equipment.
The exhibition is evaluated as a successful event, since it showed current state of Korean offshore plant industry and led a way to an opportunity to enter into offshore market.
Four companies supervising the event, including Busan Marine Equipment Association, etc., officially settled the second exhibition’s period as November 12~14, 2014.
Particularly, the next exhibition will be at BEXCO’s main building, scaled up to 1,400 booths. Those associated with OK2014 plan to work on invitations ahead of time, by planning Northeast Asian oil & gas symposiums and etc., in order to attract even more foreign buyers, such as oil majors and EPC companies.