This year November Hong Kong Cruise & Yacht Industry Association (HKCYIA) and Verventia Pte Ltd are set to launch the debut of the annual Hong Kong Yacht Show between November 19 – 22, 2020.

The organizers of the Singapore and Thailand Yacht Shows have announced plans to hold the first Hong Kong Yacht Show later this year.

The show will promote the growing Asian yachting industry, focusing specifically on the South China Sea and coasts around Hong Kong and Macao. The Hong Kong Yacht Show aims to promote and develop the yachting industry in Hong Kong and the Greater Bay Area and is expected to bring in a positive economic impact throughout superyacht market within China along with international interest and awareness of the same.

Kara Yeung Chief Executive of HKCYIA, said, “Hong Kong has by far one 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.”

Yeung added, “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.”

After signing the MoU Andy Treadwell, Verventia CEO said, “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 the HKCYIA.”

Treadwell added, “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 official launch announcement of the Hong Kong Yacht Show is provisionally scheduled for April 23, 2020, at an event for the Hong Kong Yacht Industry which will be held at the Hong Kong Convention and Exhibition Centre.