The Hong Kong Cruise & Yacht Industry Association (HKCYIA) and Verventia Pte Ltd, organisers of the Singapore (SYS) and Thailand Yacht Shows (TYS), have confirmed the launch of the new jointly organised Hong Kong Yacht Show at the International Cruise and Yachting Festival (Hong Kong) 2020.

The event is set to take place at Kwun Tong Typhoon Shelter adjacent to the Kai Tak Runway Park Promenade from 19^th – 22^nd November this year, and annually after this has commenced.

A memorandum of understanding committing the partnership was signed at a press conference held during SYS 2019 last April, when Ms Kara Yeung, chief executive of HKCYIA, and Andy Treadwell, Verventia CEO, outlined the rationale behind launching the show in 2020.

The organisers’ goal is to promote and develop the yachting industry in Hong Kong and the Guangdong-Hong Kong-Macao Greater Bay Area. This hopes to bring prosperity and a positive economic impact to local businesses and the supply chain throughout the China market, as well as positive international PR, inward investment, maritime education and protection of the oceans to support the Hong Kong yacht industry, together with the creation of employment.

Ms. Yeung commented, “Hong Kong is by far of the biggest potential markets in Asia. We are delighted to bring the Verventia organising team into this joint venture, as planned last year, because they are experienced yacht show organisers who have made a remarkable success of the Singapore show over the last seven years. We look forward to a long and fruitful collaboration which will boost the local and global yachting industries, as well as bringing new business, jobs and prosperity to local service, supply and hospitality industries.”

Treadwell added, “What Kara has achieved in the last couple of years to get this project off the ground is fantastic. Neither we nor our fellow industry practitioners could have done this without HKCYIA. We can, however bring in international players, and we know how to promote the show to potential buyers, so in that sense it’s a perfect partnership that we hope to develop steadily over the next few years.” 

The yacht show and festival will be officially launched at a special event for the Hong Kong yacht industry at the Hong Kong Convention and Exhibition Centre, which provisionally will be held on 23^rd  April.

Sign up to our newsletter to get the best of Yachting Pages delivered direct to your inbox every month.