European Intermodal Market Seeks Economic Revival with 'Global Influence'

Construction of 'KINTEX Exhibition Hall 3'... Benchmarking Messe Frankfurt
Strengthening cooperation network with Consul General in Frankfurt and Korean Association

Goyang City, Gyeonggi Province, which has focused on designation as an economic free zone and economic re-leap, is continuously seeking to expand its global influence.

Last year, Mayor Donghwan Lee of Goyang visited Dubai to benchmark the successful case of the United Arab Emirates Economic Free Zone and revealed plans to "develop Goyang City into a global MICE industry hub through the construction of the country's largest 'KINTEX Exhibition Center 3'."

Goyang City announced on the 4th that "Mayor Lee has been visiting Messe Frankfurt, the world's third-largest mega exhibition center, since the 2nd (local time) to explore plans for the construction and operation of KINTEX Exhibition Center 3."

Lee Dong-hwan, Mayor of Goyang (right in the photo), is listening to officials about the facility operation status at the Messe Frankfurt exhibition center in Germany on the 2nd.
[Photo provided by Goyang City]

Messe Frankfurt is located in Frankfurt, the center of Germany's economic industry, and is a mega exhibition center with an indoor exhibition area of 400,000㎡, an outdoor exhibition area of 59,500㎡, 11 exhibition halls, and a congress center.

It is the venue for world-renowned exhibitions such as the global lighting and sound industry exhibition 'pro light + sound,' the world's largest book and knowledge information content exchange event 'Frankfurt Book Fair,' the 'Frankfurt Motor Show (IAA),' and the stationery and office equipment fair 'Paperworld.'

Mayor Lee toured the Messe Frankfurt exhibition center and discussed with officials ways to secure KINTEX's international competitiveness after the construction of the third exhibition center.

He stated, "We will gather the capacity to independently host international exhibitions suitable for the scale of the large exhibition center upon the completion of KINTEX Exhibition Center 3." He is determined to elevate KINTEX, which has an exhibition area of 178,566㎡, into the world's top 25 large exhibition centers.

Mayor Lee Dong-hwan of Goyang City is meeting with Go Kyung-seok, Consul General of the Republic of Korea in Frankfurt (first from the left in the photo). [Photo provided by Goyang City]

Furthermore, an agreement was signed with the World-OKTA Frankfurt Chapter to attract global companies to the Goyang Economic Free Zone and establish domestic and international cooperation networks. Both parties agreed to cooperate for mutual growth and create synergy.

Mayor Lee visited the KOTRA Frankfurt Trade Center and heard experiences and advice from representatives of domestic companies that have entered Europe regarding the difficulties faced by early overseas expansion companies and the support needed.

Consul General Kyungseok Ko stated, "Global German companies with top-notch technology are attempting to enter the diversifying Asian market."

In response, Mayor Lee said, "Goyang City, with its excellent geographical location and accessibility, has many young talents with high growth potential and is a city favorable for business," adding, "If designated as an economic free zone, I hope German and European companies wishing to expand overseas will come to Goyang to grow and coexist together."

Mayor Lee departed on the 26th of last month for a 7-day, 5-night trip to Spain and Germany to attract outstanding overseas companies and is scheduled to return on the 5th.