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Marine Industry 4.0 - South Korea

Market Intelligence Report 2021 Launch Webinar)

The Department for International Trade (DIT) Seoul, in partnership with international business development consultancy Intralink, is organising a webinar to discuss ‘Marine Industry 4.0 – South Korea: Opportunities for UK Companies'. Intralink’s Adeel Ahmad, Project Director based in Seoul, has been working with the DIT Seoul team to explore the opportunities for UK businesses in the country’s marine industry and will present his findings.

 

Why Korea?

South Korea is making huge investments in digitalisation and decarbonisation across the marine sectors of shipbuilding, ports, and offshore energy.

Korea’s shipbuilding industry will grow by 50% to £30.1bn by 2030 from £20.8bn in 2019. The country is already a global leader in shipbuilding and investing billions in eco-friendly, smart ship technologies in an effort to stay ahead in the global industry.

The Korean government announced a £102.5bn package of investments in economic, environmental, and social reforms, targeting digitalisation and green technologies, called the Korean New Deal. As part of the New Deal, the government earmarked £99.4m to develop and commercialise smart technology for ships and ports.

Offshore wind, tidal and wave energy projects together form a major part of Korea’s ambitious renewable energy plans, which should further boost Korea’s marine economy over the coming decade.

All these investments, part of a national growth strategy based on the so-called Fourth Industrial Revolution (4IR) technologies, present strong opportunities for British companies with innovative technologies in the marine industry.

  • Date: Thursday 22 April 2021
  • Time: 09:30 – 10:30am (UK Time) / 17:30 – 18:30 pm (KOR Time)
  • Moderator: Mike Welch, DIT Country Director, British Embassy Seoul
  • Webinar Tool: Zoom (link will be provided prior to the event)
  • Cost: Free
 
Organised in partnership with:

 

Intralink is an international business development and innovation consultancy with a deep specialism in East Asia. We enable:

  • western companies to expand in Asia
  • Asian corporates to collaborate with global innovators
  • government organisations to grow their regions' exports and attract foreign investment 

With 90 full-time employees, a 30-year track record and offices in China, Japan, South Korea, Taiwan, the United States, the UK, France and Poland, we make your international expansion fast, easy and cost effective. 

We’re proud winners of The Queen’s Award for Enterprise and the President's E Award for Export Service for helping companies like yours with their international business growth.

Visit: intralinkgroup.com

Programme (Subject to change)

Time (UK/KOR) Programme

09:30~09:32

(17:30~17:32)

Webinar Introduction

Mike Welch, DIT Country Director

British Embassy Seoul

09:32~09:37

(17:32~17:37)

Opening Remarks

Graham Stuart, Minister for Exports

Department for International Trade(DIT)

09:37~09:40

(17:37~17:40)

Welcoming Remarks

Byeong-cheol Lee, Executive Vice Chairman

Korea Offshore & Shipbuilding Association (KOSHIPA)

09:40~10:10

(17:40~18:10)

Marine Industry 4.0 - South Korea: Opportunities for UK Companies

Adeel Ahmad, Project Director

Intralink Korea

10:10~10:12

(18:10~18:12)

Kormarine 2021

10:12~10:30

(18:12~18:30)

Q&A

10:30

(18:30)

Close

 

Registration

Use the link below to register your interest in joining today, and don't miss out on this invaluable opportunity to receive up-to-date advice and continued support on selling into this vibrant market.