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industry growth

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Korean Marina Builder, CKIPM, Shares Views About Growth of Marina Industry in South Korea

March 16, 2015 / 289 Comments

Incredible surroundings, increased economic wealth, and a safe and secure social environment make South Korea an intriguing market for the boating and marina industries. During the last decade, a great deal of effort has been placed by the government as well as private investors on improving the region’s boating infrastructure.

CKIPM built the concrete pontoons at Wangsan Marina

State-of-the-art concrete docks at Wangsan Marina in Incheon, South Korea, are setting a new standard for marina development in the region.

Marina Development in Asia

However, the country’s weak sailing culture and lack of experience in the construction and management of modern boating facilities has been a major hurdle in moving the industry forward at a faster rate. Albeit slow, progress is coming. The opening of Wangsan Marina, a contemporary boating facility in Incheon, South Korea, is opening the door to boating for many Koreans who did not have the opportunity before. Prior to the opening of Wangsan, there were no large scale marinas in or around Seoul’s major metropolitan area. With 266 moorings and a dock facility on par with the world’s most modern marinas, Wangsan is expected to have a major impact on the market and be a key force in setting a new standard for boating facilities in South Korea.

The concept for Wangsan Marina was to build a start-of-the-art competitive sailing venue for the 2014 Asian Games that could later serve as a public marina with amenities and services that would cater to domestic as well as international boaters.

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