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HKCEC and ZZICEC One Country, Two Systems!. AIPC Annual Conference 2008 Singapore, June 28 - July 2. Global Expansion of Exhibition Space Between 2000 and 2005. Europe: +30%. North America: +45%. Asia: +86%. Global Expansion of Exhibition Space Between 2006 and 2010. Europe: +13%.
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HKCEC and ZZICECOne Country, Two Systems! AIPC Annual Conference 2008 Singapore, June 28 - July 2
Global Expansion of Exhibition SpaceBetween 2000 and 2005 Europe: +30% North America: +45% Asia: +86%
Global Expansion of Exhibition SpaceBetween 2006 and 2010 Europe: +13% Middle East: +38% North America: +8% Asia: +20% Oceania: +6%
Asian Exhibition Centres Source: Business Strategies Group – June 2008
Trade Fair Industry Trends - Asia • Grew 18% in 2007 (in sqm sold) • China is the largest market (21% growth) • India is fastest growing market • South Korea is next fastest growing market Source: Business Strategies Group – June 2008
Hong Kong • 2 convention and exhibition centre (w/arenas) • 2 smaller expo centres • 1 stadium • 1 coliseum • 4 cultural centre complexes • 27 community centres, museums, recreational centres, smaller university venues, etc.
Annual Results * Rental/Equipment charges/F&B/Other
Mainland China • Impacting the venue industry also are the 2008 Olympic Games in Beijing and the 2010 World Expo in Shanghai • China needs “co-ordination scheme” to prevent over supply of venues (3 “national level” cities plus 10 “regional cities”) • Shortage of talent, especially at managerial level; more universities addressing this
Mainland China Challenges ahead: • Strengthen the infrastructure related to venues • Bring the market mechanism into full play • Optimize external environment for each industry and crack down on the protection of Intellectual Property Rights • Speed up professional personnel training Ministry of Commerce