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HKCYIA signs MOU with Verventia for annual Yachting Festival

International Cruise & Yachting Festival (Hong Kong) (ICYFHK) is scheduled to be held during the Hong Kong Maritime Week 2019, from 17 to 23 November 2019. 

Hong Kong – The Hong Kong Cruise and Yacht Industry Association (HKCYIA) has signed a Memorandum of Understanding (MOU) with Verventia to help develop, organize and operate an annual Yachting Festival in Hong Kong under the auspices of the International Cruise & Yachting Festival (Hong Kong) (ICYFHK).

The ICYFHK 2019 is scheduled to be held during the Hong Kong Maritime Week 2019 (HKMW 2019), from 17 to 23 November 2019. The inaugural ICYFHK 2018 was held at the China Merchants Wharf and the Hong Kong Maritime Museum from 22-25 November.

The MOU was signed between Kara Yeung, Executive Director, HKCYIA, and Andy Treadwell, CEO, Verventia, a leading boat show organiser in Asia and has organised and managed the Singapore show for nine years and the Thailand show for four years.

Yeung said: “Yacht shows are important social events of the industry. Partnering with Verventia will undoubtedly build up ICYFHK in the international yachting world to a crescendo in the coming years.”

According to Yeung, the synergies from combining cruise, yachting and nautical tourism would be tremendous. 

She said discovering the outstanding natural beauties of the Hong Kong UNESCO Global Geopark and Hong Kong’s 260+ outlying islands by water could be developed as one of the most sought-after yachting hot spots in Asia. 

“The benefits would likely spill over to other tourism and business sectors such as MICE and would attract businesses and investments to Hong Kong and the Greater Bay Area,” she added.

To promote the sustainable development of the cruise and yachting industry in the China, Hong Kong and Macao markets, HKCYIA will arrange a series of activities including the “Guangdong – Hong Kong-Macau Greater Bay Area Maritime Commerce & Economic Development Expo” during the HKMW 2019. 

HKCYIA has also recently announced its plan to partner with the China Merchants Industry Holding to set up a Superyacht Management Services Centre in Tsing Yi, Hong Kong.
 

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Sirima is the Editor-in-Chief of TravelDailyNews Asia-Pacific, responsible for the editorial aspects of the online news portal.

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