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WAKER FORUM 2015
INFORMATION SESSION
Jean Ough, Regional Director Korea
Government of Western Australia
About WAKER 2015
• The third Western Australia-Korea Energy and
Resources (WAKER) Forum 2015 is being held in
Seoul on 28 May 2015.
• The Hon. Bill Marmion Minister for Finance;
Mines and Petroleum will be leading a business
delegation.
• The WAKER Forum aims to enhance bilateral
business and investment opportunities between
WA and Korea, particularly in the energy, mineral,
constructions and finance sectors.
The Hon. Bill Marmion
Trade with South Korea in 2014
South Korea is Western Australia’s
3rd largest trading partner.
WA is responsible for contributing
49% of Australia’s exports to South
Korea.
– 3rd largest export market valued at A$9.8
billion
– 6th largest import market valued at
A$2.3 billion
KAFTA
• The Korea-Australia Free Trade
Agreement (KAFTA) entered into
force on 12 December 2014.
• KAFTA has eliminated tariffs on 84
per cent of Korea’s imports (by
value) from Australia.
• Within two decades, 99.8 per
cent of Australian goods exports
will enter Korea duty free.
Why you should attend
• Develop a firsthand understanding of the Korean market.
• Gain unparalleled access to the Korean market and discover
commercial opportunities.
• Meet dozens of high level Korean representatives from
energy, mineral, construction, government and financial
sectors.
• Create or raise your company/organisation’s profile and
presence.
• Showcase Western Australian capabilities as a leading
provider of solutions and services.
• Receive tailored support from the WA Trade Office in Seoul
with on the ground assistance, networking and one-on-one
targeting business meetings.
Korean Interest in WAKER Forum 2015
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Hyundai Steel
POSCO
KORES
KOGAS
LG International
Daewoo International
SK Energy
SK Innovation
Samsung C&T
OCI
Hanwha Corporation
Korea Mining Association
EMRD
(Energy Mineral Research Development)
Korea Export-Import Bank
KIC (Korea Investment Corporation)
6
WAKER 2012 and 2013
WAKER 2012 and 2013
• 2012: 38 C-level representatives from Korean organisations participated
• 2013: 51 C-level representatives from Korean organisations participated
• Approximately 50 representatives from organisations in Western
Australia
• Site visits to AMC and Alcoa Mine and Rehabilitation
WAKER 2015 Draft Program
Optional meetings prior to WAKER Forum - 26 to 27 May 2015
Subject
Time
Business matching TBD
meetings
Description
TBD
Upon WA delegate requests
WAKER 2015 Draft Program
Day 1 – 28 May 2015
Subject
Description
Policy Dialogue
(8.40 – 10.00)
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Forum
(10.30-18.00)
Representatives from the Government of Western
Australia – DSD and DMP
Representatives from the Korean Government – MOFA,
MOTIE and MOLIT
10.30 – 11.30
Opening ceremony and
keynote speech
11.30-18.00
Session 1 – Energy, mineral
resources development and
infrastructure construction
policy cooperation
Session 2 – Investment and
business cooperation
Session 3 – Finance investment
opportunities
12.30-13.50
Business networking lunch
WAKER 2015 Draft Program
Day 2 – 29 May 2015
Subject
Time
Description
Field trip
(8.00- 18.00)
8.00 am – 6.00pm
FLNG ( Samsung Heavy Industry) at
Geoje Island
Business matching Full day
(delegates not
attending site
visit)
Individual meeting arrangements
between WA delegates and Korean
companies as arranged in advance
Logistics
Delegates
• Maximum of 20 participants
• First in, best dressed
• Registration deadline - 30 April 2015
Costs
• Delegates pay own flights (international/domestic within
Korea) and accommodation
• No administrative fees to join delegation
Accommodation
• Special corporate rates at the Grand Hyatt Seoul
• WATO Seoul can make reservations on the delegates behalf
• WATO Seoul may assist with booking other hotels, if required
Transport
• Group transfers provided
• WATO Seoul will cover the cost of any group travel transfers
• WATO Seoul can assist with booking individual transfers, at
delegates own costs
• On ground transport to Geoje Shipyard is included
Logistics
Arrival time
• The Hon. Bill Marmion has prior arrangements in Seoul before
WAKER, therefore he will not be travelling to Seoul with the
delegation.
• Delegates are welcome to arrive earlier for additional pre-arranged
meetings (upon request via the Business Matching form).
• WAKER dates
• 27 May 2015 – Business meetings upon request
• 28 May 2015 – WAKER Forum
• 29 May 2015 – Site Visit
Site visit
29 May 2015
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Business matching
meetings
• Complete the registration form by 30 April 2015 – essential
• Two one-on-one meeting formats:
1. During the WAKER Forum
2. Pre-arranged meetings prior to 28-29th May, if delegates
arrive earlier.
Samsung Heavy Industries Floating LNG (FLNG) Shipyard
Site visit numbers capped at a maximum of 15 delegates
Flights to Geoje are around $AUD 250 pp return
Departing from Seoul to Busan in the morning of 29 May.
Returning back to Seoul late afternoon.
International Offices
South Korea – Seoul
Western Australian Trade and Investment Office
Unit 702, 7th floor
Kwanghwamoon Building
211 Sejongno, Jongno-gu
Seoul, South Korea 110-730 Korea
Tel: +82 2 722 1217
Email: [email protected]
Web: www.westernaustralia.or.kr
Key Contacts
Perth – Abigail Endersby
Tel: + 61 8 9222 0470
Email: [email protected]
Seoul – Jean Ough
Tel: +82 2 722 1217
Email: [email protected]