Politics · South Korea · 1 hr ago

South Korea plans five major exhibitions by 2030, boosts regional funding

South Korea plans five major exhibitions by 2030, boosts regional funding

South Korea plans to develop at least five major exhibitions by 2030 as part of a new government roadmap for the exhibition industry.

The plan aims to link events with advanced manufacturing and Korean culture, and to support exhibitions outside the capital region.

Funding for regional events will rise to 11.7 billion won next year, up from 7 billion won this year.

The push comes as regional venues struggle to attract events: seven of the 11 outside the capital had occupancy rates below 50% last year.

Low use reflects gaps in transport, accommodation and distinctive content, according to the government.

The government also plans to bring several technology exhibitions together under an artificial intelligence theme when a new exhibition hall at KINTEX is completed in November 2028.

It aims to increase combined industry-and-culture exhibitions from 5% to 20% by 2030, but whether the plans improve regional venue use and exhibition competitiveness remains uncertain.

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What people are saying

Kim Jung-kwanMinister of Trade, Industry and Energy
The exhibition industry is a key high-value-added industry that drives export growth and industrial innovation for our companies and brings vitality to regional economies
via Maeil Business
We will work together with the government, local authorities and the exhibition industry so that the exhibition industry can rise as a global business platform befitting the era of $1 trillion in exports
via Maeil Business