The 18th Korea World Travel Fair (KOTFA 2005) was held from June 2 to 5 at COEX in southern Seoul. Ms. Li Jianwei, Chairman of Jinling Hotels and Resorts, and Ms. Ingrid Yin, Director of Marketing, Jinling Advanced Marketing Services, took part in this event on behalf of Jinling Hotels and Resorts.  

 

As the biggest and the most reliable travel fair in Korea, KOTFA 2005 this time attracted 1,500 sellers and buyers, with more than 100,000 visitors drew to the exhibition. The fair consisted of different sections: local governments showcased their tourist attractions and unique cultures; at the travel business section, travel agencies, airlines, hotels, duty free shops and rental car companies introduced their goods.

                          

In recent year, Sino-Korean trade has risen rapidly. The total volume of bi-lateral trade reached over USD 100 billion. With increasing projects in China, more Koreans came to China these years. The annual increase rate has kept over 40% in last the two years. It is estimated that the total number of arrivals by Korean professionals will reach 3,5 million. Shandong and Zhang Jiajie remained the favorite tourism destinations for Koreans. There are great potentials for tourism development in Jiangsu and Zhejiang province.

 

Now there are 131 Korean-funded enterprises in Nanjing. Among them 40 came just in 2004. 24 Korean enterprises chose the Xingang LG Development Zone in Nanjing with a total investment of USD 170 million. This time the Nanjing Municipal Government had a delegation to join the COEX KOTFA 2005 to make the city better known to Korean entrepreneurs.