Greater Bay Area in focus for Asia-Pacific Yacht Industry High-Level Forum 2020

Industry experts join forces for online forum, held as part of Macau Yacht Show

author icon By APB Staff | 29 October 2020

The Asia-Pacific Yacht Industry High-Level Forum 2020 will be held on Friday, October 30, 2020 from 2.30pm to 5.30pm HKT. 

The combined live and virtual event will be streamed for free online, with simultaneous translations in both Chinese and English. 

The theme for this year’s forum is ‘Yachting in the Greater Bay Area (GBA)’, and industry experts from the local and international boating community will address topics including Development of Boating in the GBA; Cooperation of Yachting Industry and Financial Institutions; and Marine Economy in the GBA.

The forum is part of the Macau Yacht Show (MYS), which is celebrating its 10th anniversary this year and runs from October 29 to November 1, 2020. 

The Macau Yacht Show runs from October 29 to November 1, 2020

The forum starts in Macau with Wang Yong, GM Development and Planning Division, of the Nam Kwong Group giving the welcome speech. The online programme then moves to Hong Kong for session one, with three speakers looking at the ‘Development of Boating’ in the GBA. Fabiomassimo Discoli (Sales & Marketing Director APAC, Ferretti Group) will talk about Ferretti Group’s role in the development of the superyacht and luxury motoryacht market in the GBA. 

Chairman of the Hong Kong Boating Industry Association, Lawrence Chow, will focus on the Greater Bay Area, and how it is forming a larger network of marinas in the region, as well as the potential growth of sailing as a sport in China. Stuart Hu, who is consulting with the Sanya Central Business District in Hainan, will speak about opportunities for marine industry business development and yachting services in Hainan, which has recently been declared a Free Trade Zone (FTZ).

Session two focuses on the interdependence and cooperation between the yachting industry and financial institutions. Raphael Beaudrey, from Rosemont Trustees (Hong Kong) will look at the way needs of HNWIs can be entertained through Family Wealth Management platforms, especially when engaging in yacht ownership. 

Geneva-based Olivier Blanchet, (Head of Jet & Yacht Financing, BNP Paribas Wealth Management) will speak about the close cooperation with Wealth Management services and identify the specialist guidance needed for yacht financing, particularly in marketing, structuring, and loan documentation, making a bridge between UHNWIs and people in charge of Sustainable Development Goals.

 

The third and final session of the Forum will address matters that benefit the marine economy in the GBA. Edward Liu, Counsel with Hill Dickinson, will discuss how the three jurisdictions of the GBA Macau, Hong Kong and the other nine cities of the GBA can cooperate by taking advantage of GBA initiatives. From Australia, Leah Trafford presents a case study of how the SailGP Sydney brought positive economic impacts to Sydney in early 2020 before the Covid pandemic hit.

Wen Huan, Chairman of the Guangdong-Hong Kong-Macao Greater Bay Area Yacht Industry Association closes the third session by exploring and outlining the improved yacht registration system that will promote yacht charter business in the Greater Bay Area

With the positive growth of yachting in the region, the Asia-Pacific Yacht Industry High-Level Forum aims to connect the boating community both locally and globally at this critical time in the evolution of boating in the GBA.

The Asia-Pacific Yacht Industry High-Level Forum 2020 is free to access via the links below:

Chinese: www.morpheusideas.com/mys2020/chi

English: www.morpheusideas.com/mys2020/eng

www.mcyachtshow.com