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Danish Business Delegation to Korea - Danish Design Association

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<strong>Danish</strong> <strong>Business</strong> <strong>Delegation</strong> <strong>to</strong> <strong>Korea</strong><br />

Save the dates 13-16 May 2012 for T.R.H. the Crown Prince Couple’s visit <strong>to</strong> <strong>Korea</strong><br />

The relevant export promotion and<br />

trade organisations covering the<br />

targeted areas of clean technology,<br />

life science, defence, design and<br />

lifestyle, smart cities as well as food<br />

techno-logy and food safety will join<br />

forces <strong>to</strong> provide participating <strong>Danish</strong><br />

companies a range of business<br />

related activities during the visit.<br />

These include targeted sec<strong>to</strong>r seminars,<br />

individual B-<strong>to</strong>-B meetings,<br />

exhibitions as well as a high-level<br />

business lunch and reception in the<br />

presence of T.R.H. the Crown Prince<br />

Couple and with the possibility of<br />

inviting <strong>Korea</strong>n guests and potential<br />

business partners.<br />

The visit will also be an occasion<br />

<strong>to</strong> hold the second meeting of the<br />

<strong>Korea</strong>n <strong>Danish</strong> Green Growth Alliance<br />

following up on the inaugural<br />

meeting held in Copenhagen in May<br />

2011.<br />

Keep an eye out for the formal invitation<br />

with full program and registration<br />

form which will be distributed<br />

by Export Promotion Denmark and<br />

relevant organizations before the end<br />

of the year.<br />

ARCHITECTURE, DESIGN<br />

AND LIFESTYLE<br />

Architecture, design and lifestyle is<br />

of immense interest in <strong>Korea</strong>. Successful<br />

industrial design is part of the<br />

explanation for the increasing global<br />

popularity of <strong>Korea</strong>n brands within<br />

e.g. the au<strong>to</strong>motive and electronics<br />

industry. Whether for the globally<br />

oriented <strong>Korea</strong>n industry or construction<br />

sec<strong>to</strong>r, sourcing solutions<br />

and partnering with foreign architects<br />

and design teams has become<br />

key <strong>to</strong> the <strong>Korea</strong>n business communities’<br />

ability <strong>to</strong> maintain a global<br />

competitive edge.<br />

Furthermore, the 50 million <strong>Korea</strong>n<br />

consumers have a sophisticated taste<br />

and a high propensity <strong>to</strong> consume<br />

and are increasingly diversifying<br />

their spending habits <strong>to</strong> include<br />

high-end imported articles ranging<br />

not only clothing and accessories,<br />

but also interior design items and<br />

<br />

purchasing power.<br />

CLEANTECH<br />

Clean energy is one of the main<br />

focus areas during the visit <strong>to</strong> <strong>Korea</strong>.<br />

As initia<strong>to</strong>rs of the Global Green<br />

Growth Alliance <strong>Korea</strong> and Denmark<br />

has pledged themselves <strong>to</strong> pur-<br />

<br />

energy solutions and making them<br />

globally available.<br />

<br />

cleantech companies have a lot <strong>to</strong><br />

<br />

and documented solutions. Opportunities<br />

are especially attractive in<br />

the sec<strong>to</strong>rs of windpower and district<br />

heating. But overall <strong>to</strong>ols and solu-<br />

<br />

is demanded, as the <strong>Korea</strong>n industry<br />

requires enormous amounts of<br />

energy and is heavily dependent on<br />

<br />

<strong>Danish</strong> technology and know-how<br />

can help <strong>Korea</strong> overcome its energy<br />

<br />

major business opportunities for<br />

<strong>Danish</strong> cleantech companies.<br />

SMART CITIES<br />

Cities comprise complex urban<br />

systems involving energy production<br />

and consumption, transportation,<br />

<br />

types of social interaction, <strong>to</strong> mention<br />

but a few. Managing, maintaining<br />

and developing these systems<br />

pose various challenges for everyone<br />

involved. This is particularly the case<br />

as cities become more populated,<br />

denser and bigger.<br />

<strong>Korea</strong> and Denmark have a lot in<br />

common; approximately 83% of the<br />

<strong>Korea</strong>n population lives in cities, and<br />

in Denmark the number is 87%. For<br />

both countries, sustainability is no<br />

longer a choice: it is a must. As urbanization<br />

continues <strong>to</strong> increase and<br />

<br />

sustainable solutions for building<br />

<br />

a key priority. The Smart Cities<br />

Seminar therefore aims at bringing<br />

<strong>Korea</strong>n and <strong>Danish</strong> companies and<br />

decision makers <strong>to</strong>gether in order<br />

<strong>to</strong> expand the frontier of smart and<br />

sustainable city planning.<br />

LIFE SCIENCE<br />

The <strong>Korea</strong>n Government has chosen<br />

the bio-tech sec<strong>to</strong>r as one of the main<br />

business and research priorities for<br />

the future. As a consequence of the<br />

political focus, the industry has developed<br />

a solid foundation in areas<br />

of education, research and commercialization.<br />

The sec<strong>to</strong>r is supported<br />

by <strong>Korea</strong>s highly advanced IT-sec<strong>to</strong>r<br />

and government initiatives such a<br />

tax-free zones and research grants.<br />

The sec<strong>to</strong>r shows highly promising<br />

growth rates at 20% yearly and is expected<br />

<strong>to</strong> maintain pace as products<br />

3

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