First Taiwan Boat Show hailed a success

With NT$1billion in orders already placed for 32 motor yachts and sailboats and many more expected in follow up deals, the first Taiwan International Boat Show has sailed away with all round acclaim.

More than 70,000 people visited Taiwan International Boat Show from 8th to 11th May 2014.

They included more than 2,000 overseas buyers and thousands of domestic buyers. More than NT$1billion was generated during the four-day show, with the sale of 32 boats and related equipment. It is projected that follow up orders for 30 more yachts will be placed to boost total show-generated business to NT$5.2 billion.

This first time event won high praise from both exhibitors and buyers for being the ideal place to scout the entire trade and industry. Besides stimulating growth in the yacht-building and related industries, the Taiwan International Boat show was to showcase the world-class conference and exhibition sector that stands as a model to other sporting and leisure related trade shows.

Top oversea buyers at the show were from China, the U.S.A., Japan, Hong Kong, the U.K., Singapore, Canada, Germany, the Philippines, and South Korea. The largest share (64%) of oversea buyers came from Asia, followed by buyers from North America (15%) and from Europe (13%).

Leading buyers included representatives of Sea Ray Boats, renowned U.S. yacht-builder Malibu, long-established Spanish firm Rodman Polyships, the U.K.’s Isara Yachts and Japan’s Suzuki, Yamaha and Toyota.

The Taiwan International Boat Show has spurred a new wave of purchasing demand for yachts. Taiwanese yacht manufacturers Horizon Yachts, Kha Shing Enterprises, Global Yacht Builders, Bluewater Yacht Builders, Corum Yachts Taiwan, Hsing Hang Marine, Tayana Yachts and Johnson Yachts all received orders as a result of their participation in the show.

Those at Kha Shing Enterprises were pleasantly surprised to find visitor numbers far exceeding their expectations and said that this gave them a chance to help many realise the real possibility to one day owning a yacht. Kha Shing Enterprises itself is now negotiating the possible sale of three yachts to customers who visited them at the show.

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