What makes KINTEX be a successful exhibition center? - IAEE
What makes KINTEX be a successful exhibition center? - IAEE
What makes KINTEX be a successful exhibition center? - IAEE
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
III.<br />
Case Study: <strong>KINTEX</strong><br />
1. History<br />
<strong>KINTEX</strong> is the <strong>exhibition</strong> and convention <strong>center</strong> located at Ilsan, which is the biggest <strong>exhibition</strong> <strong>center</strong> in<br />
Korea. Also it is the one of the cutting-edge <strong>exhibition</strong> <strong>center</strong>s in Asia.<br />
<strong>KINTEX</strong> has developed a three-story building with <strong>exhibition</strong> and convention facilities on a 224,800m 2 site; it had a grand<br />
opening on April 29, 2005, after completion of the first phase in a three-phase construction project.<br />
1999~2005 (Before the opening)<br />
The <strong>KINTEX</strong> project was initiated and co-funded by national and local government to meet a deficiency in the domestic<br />
supply of venues for <strong>exhibition</strong>s and conventions. The other goal was to achieve the globalization of the domestic <strong>exhibition</strong><br />
and convention industry. Actually this project was initiated at 1999 after Goyang city was selected as the building site for<br />
the new <strong>exhibition</strong> <strong>center</strong>. And then the master plan was drawn up for the construction of a new <strong>exhibition</strong> <strong>center</strong> which<br />
would also serve as an <strong>exhibition</strong> business backup complex. During the construction period from 2003 to 2005, <strong>KINTEX</strong><br />
had developed its corporate operation model. Firstly, the mid-term management strategy and ISP business plan to establish<br />
efficient information system were devised in collaboration with “Accenture,” one of the world’s <strong>be</strong>st consulting firms. It was<br />
a first challenge for <strong>KINTEX</strong> to make a corporate strategy from operation-level to a corporate-level. The corporate-level<br />
strategy covering the needed organization, marketing, promotion, and <strong>exhibition</strong> business is incorporated into the mid-term<br />
management strategy.<br />
And the ISP business plan presents an idea of building an information system for a more efficient management of <strong>KINTEX</strong>.<br />
Especially the 8 IT systems were developed for corporate management including ERP, CRM, FMS (Facility Management<br />
System) etc. It was a great challenge for <strong>KINTEX</strong> <strong>be</strong>cause no other <strong>exhibition</strong> <strong>center</strong>s in Korea had ever developed such<br />
systems <strong>be</strong>fore. So <strong>KINTEX</strong> had to develop whole systems with its own studies.<br />
Figure III-1. <strong>KINTEX</strong> views<br />
2005~2007 (After the opening)<br />
<strong>KINTEX</strong> has accomplished many <strong>successful</strong> results for 3 years from 2005~2007. There are four categories related to this success<strong>exhibition</strong>s,<br />
conventions, attendees and services. Firstly <strong>KINTEX</strong> has <strong>be</strong>en a No.1 leader in total <strong>exhibition</strong> spaces. The market<br />
share in <strong>exhibition</strong> spaces is 28%, and the total used spaces are 10,500,000m 2 for 3 years. That means <strong>KINTEX</strong> uses every<br />
29,000m 2 a day and it’s very important factor <strong>be</strong>cause the average daily <strong>exhibition</strong> spaces are still <strong>be</strong>low 20,000m 2 in Korea.<br />
Chart III-2 shows the comparison of average daily <strong>exhibition</strong> spaces <strong>be</strong>tween <strong>KINTEX</strong> and other venues in Korea. It<br />
indicates that <strong>KINTEX</strong> is very <strong>successful</strong> in <strong>exhibition</strong> business in just 3 years of its opening. So it will <strong>be</strong> analyzed later how<br />
<strong>KINTEX</strong> <strong>makes</strong> great success in <strong>exhibition</strong> industry.