16th-19th at BEXCO, 453 Companies from 28 Countries with 1,742 Booths
Advancing the Machinery Industry, Revitalizing Regional Economy and Domestic Market
Busan City will hold the "11th Busan International Machinery Fair (BUTECH 2023)" from the 16th to the 19th of this month, for four days, at BEXCO Haeundae Exhibition Halls 1 and 2.
The "Busan International Machinery Fair" has continuously grown since its first event in 2003 to become the largest comprehensive machinery industry exhibition in Korea.
This year, the Machinery Fair is jointly hosted by Busan City, the Busan Machinery Industry Cooperative, and the Busan-Gyeongnam Mold Industry Cooperative, organized by the Korea Industrial Marketing Institute, and supported by the Ministry of Trade, Industry and Energy, the Korea Federation of SMEs, the Korea Industrial Complex Corporation, and the Busan Chamber of Commerce and Industry. It will feature 453 companies from 28 countries with a total of 1,742 booths.
This year’s event plans to harmoniously operate various online and offline programs to pioneer overseas export markets for local machinery-related manufacturing companies and revitalize the domestic market economy, in line with the post-COVID-19 recovery and digital transformation.
The event is broadly composed of ▲Opening Ceremony ▲Exhibition (Hall 1) ▲Special Pavilion Operation (Hall 2) ▲Academic Events ▲Corporate Support Events ▲and Side Events.
First, the ▲Opening Ceremony, marking the start of the Machinery Fair, will be held at 11 a.m. on May 16, with about 100 guests including Lee Seong-gwon, Deputy Mayor for Economic Affairs, attending to celebrate the opening with congratulatory speeches and a button lighting ceremony, followed by a tour of the exhibition halls.
The ▲Exhibition (Hall 1) will be organized into ①Foundry Industry Exhibition ②Transportation Machinery, Handling & Logistics, International Pneumatics & Hydraulics Technology Exhibition ③Mold Industry Exhibition ④Machinery Technology Exhibition ⑤Tools & Control Measuring Instruments Exhibition ⑥Parts & Materials Industry Exhibition ⑦Renewable Energy & Environmental Industry Exhibition.
The ▲Special Pavilion (Hall 2) will feature ①Factory Automation Exhibition ②Robot Industry Exhibition ③Smart Factory Solutions Exhibition ④5G/Artificial Intelligence (AI)/Cloud/Internet of Things (IoT) Technology Convergence Exhibition ⑤Machine Vision Exhibition ⑥3D Printing Industry Exhibition.
In particular, Hall 1 will host a ⑥Fine Dust Reduction Special Exhibition focusing on environmental issues.
The ▲Academic Events will include the "International Machinery Technology Symposium," the "National Machinery Society Academic Conference," and the "Technology and Science Academy" to present future development directions for the machinery industry.
▲Events supporting local companies will also be held. The "Online and Offline Export and Purchase Consultation" for pioneering overseas export markets will involve about 500 buyers from 28 countries and 400 domestic companies participating through dedicated consultation booths at the venue.
The "New Product and New Technology Presentation," organized by the Busan Machinery Industry Cooperative and the Busan-Gyeongnam Mold Industry Cooperative, will comprehensively provide information and promotion across the machinery-related industries.
Additionally, support services for participating companies on-site (covering export/import, legal, labor, intellectual property, etc.) will be provided in cooperation with specialized institutions to increase participation.
Moreover, ▲Side Events such as the "U.S. Supply Chain Export Support Briefing," "Toyota Motor Seminar," and "Smart Factory Conference" will be intensively conducted to keep pace with the latest trends.
Deputy Mayor for Economic Affairs Lee Seong-gwon stated, "With the slowdown of COVID-19 spread and the lifting of social distancing, we are on the verge of a full return to normal life. We hope that this Busan International Machinery Fair will serve as an opportunity to overcome the management crisis of local machinery parts and materials companies that have been stagnant and to revitalize the local economy, which has been subdued due to COVID-19."
The admission fee for the 2023 Busan International Machinery Fair is 5,000 KRW, and online pre-registered visitors can enter free of charge.
For online pre-registration inquiries, contact the Korea Industrial Marketing Institute or the Busan Machinery Industry Cooperative.
For more details, contact the City Manufacturing Innovation Division or check the official website.
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